1、Global analysis of fintech fundingFebruary 2025 Copyright owned by one or more of the KPMG International entities.KPMG International entities provide no services to clients.All rights reserved.#fintechpulse2024 proved to be another challenging year for the global fintech market as both total investm

2、ent($95.6 billion)and the volume of deals(4,639)fell to seven-year lows.Ongoing macroeconomic challenges,geopolitical conflicts and tensions,and a number of high-profile elections in major jurisdictions around the world kept the level of uncertainty very high,leading to a pullback in fintech investm

3、ent particularly on the M&A and PE fronts.H224 was more subdued than H124 by a fair margin.Total global investment fell from$51.7 billion to$43.9 billion between the first and second halves of the year,driven by M&A deal value and VC investment falling from$28.1 billion to$21.6 billion and from$22.5

4、 billion to$20.9 billion,respectively.But these numbers only tell a part of the story,as Q324 and Q424 saw wildly different results;M&A deal value nearly doubled from$7.4 billion to$14.2 billion quarter-over-quarter,while VC investment rose from$9.7 billion to$11.2 billion over the same period.The A

5、mericas accounted for the largest share of fintech investment in H224($31 billion),including the only$1 billion+deals(Nuvei$6.3 billion,Envestnet$4.5 billion,Candescent$2.45 billion,Transact Campus$1.6 billion,Bridge$1.1 billion).Comparatively,the EMEA region attracted$7.3 billion led by the$561 mil

6、lion acquisition of Netherlands-based Knab Bank,while ASPAC saw$5.5 billion led by a$788 million raise by Philippines-based Mynt.The payments space remained the hottest fintech subsector over 2024 by far,attracting$31 billion in investment,followed by digital assets and currencies($9.1 billion)and r