Funding in global FinTech reaches all-time high of $19.1 billion in 2015

March 9, 2016

Despite a pullback in the fourth quarter, funding in the FinTech sector reached record highs in 2015, according to a new report from KPMG and CB Insights.

The report says that global investment in FinTech companies totaled USD $19.1 billion in 2015, with $13.8 billion invested into VC-backed FinTech companies, a 106 percent jump compared to 2014.

The record deals were made despite a 64 percent sequential drop off in funding in Q4, says the report, with $1.7 billion invested across 154 deals to VC-backed FinTech companies globally. This represents the lowest quarterly FinTech funding total since the third quarter of 2014.

More highlights from the report:

In North America, FinTech funding exceeded $7.6 billion across 378 deals.
There are 10 FinTech Unicorn companies globally. Of these, 14 provide technologies and services for either payments or lending.
In 2015, there were more than 60 deals totalling $50 million or more to VC-backed FinTech companies globally. Between 2011 and 2013, there were fewer than 15 of these deals.

The full report – Pulse of Fintech – is available online. (PDF)