1、Global analysis of fintech fundingPulse of Fintech H1 24August 2024 Copyright owned by one or more of the KPMG International entities.KPMG International entities provide no services to clients.All rights reserved.#fintechpulse2024 got off to a challenging start for the fintech market globally,driven

2、 by ongoing concerns related to geopolitical uncertainty and high interest rates.Total global investment declined from$62.3 billion to$51.9 billion between H223 and H124 the lowest six months of fintech investment since H120.All regions experienced a noticeable drop in fintech investment,with the EM

3、EA region experiencing the sharpest drop from$19.4 billion to$11.4 billion between H224 and H124.Globally,only five$1 billion+deals occurred in the fintech space during the first half of 2024 all buyouts.The Americas accounted for four of these deals,including Worldpay($12.5 billion)and EngageSmart(

4、$4 billion)in the US and Nuvei($6.3 billion)and Plusgrade($1 billion)in Canada.The UK accounted for the fifth deal the$4 billion buyout of IRIS Software group.The UK also saw the largest fintech-focused VC deal of H124 a$999 million raise by Abound.While fintech investment remained suppressed,deal v

5、olume offered a hint of optimism for the fintech market;both the Americas including the US and the ASPAC region saw deal volumes increase between H223 and H124.At a sector level,payments continued to draw the largest share of fintech funding globally,attracting$21.4 billion in H124.Regtech,however,w

6、as the only major fintech subsector to see investment increase in the first half of 2024 with the$5.3 billion in investment already surpassing 2023s total.At a technology level,AI continued to be a very hot area of interest for investors,particularly in the US.Looking back on the first half of 2024,