Global fintech investment drops 47% to $24.7b in 2016

Global fintech investment drops 47% to $24.7b in 2016

After 2015’s record-setting $46.7 billion in total global funding to fintech companies, 2016 experienced a decline in the market with a 47.2% slide in fintech investment, according to KPMG International’s quarterly report on global fintech investment that was released on Wednesday.

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