‘The Pulse of Fintech’ is a quarterly report created by KPMG Enterprise and KPMG Fintech in partnership with CB Insights was published in March 2016. Given the significant interest in Fintech globally, and its ongoing evolution in terms of market drivers, technologies and potential use-cases, KPMG and CB Insights have partnered to publish the pulse of Fintech on VC investment globally.
The report is published quarterly and highlights key Fintech deals, issues and challenges around the world, in addition to key trends and insights related to Fintech in key regions, including the North America, Asia and Europe.
The Q1 2016 report saw a big rebound in quarterly funding to the Fintech sector, with total investment in Fintech companies hitting US$5.7 billion. Globally, VC-backed Fintech companies drew $4.9 billion in funding, rising from just $1.9 billion in Q4-2015. Larger deals also spurred Fintech funding growth in Q1-2016. Q1-2016 saw 13 $50 million+ rounds to VC-backed Fintech companies, a slight rise from the 10 $50 million+ rounds in Q4-2015.