Monday, Jul 4, 2022
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Business | Global Fintech Investment Tops 210 Bn In 2021 India Shines
Ads

Global fintech investment tops $210 bn in 2021, India shines

By IANS
Published: Published Date - 01:28 PM, Tue - 8 February 22
Global fintech investment tops $210 bn in 2021, India shines
Representational Image

New Delhi: Total global fintech funding (across mergers & acquisitions, private equity and venture capital) reached $210 billion with a record 5,684 deals in 2021 — up from $125 billion across 3,674 deals in 2020, a new report showed on Tuesday.

India once again shined on the global map, with four out of top 10 fintech deals in the Asia-Pacific region originating from the country.

“It demonstrates India’s increasing influence in the fintech space. Advent of digital rupee will make this space more interesting as newer models evolve around neobanks, wealthtech and insurtech,” said Sanjay Doshi, Partner and Head, Financial Services Advisory, KPMG in India.

According to the ‘Pulse of Fintech H2’21’, the fintech funding in the second half of last year accounted for $101 billion.

The payments space saw $51.7 billion in investment in 2021 – up from $29.1 billion in 2020 and investment in blockchain and crypto space soared from $5.5 billion in 2020 to $30.2 billion in 2021.

A continued surge in interest in areas like ‘buy now, pay later’, embedded banking, and open banking aligned solutions has helped keep the payments space very robust, said the report.

Cybersecurity ($4.85 billion) and wealthtech ($1.62 billion) also saw record-levels of investment.

Cross-border fintech M&A deal value more than tripled year-over-year – to $36.2 billion.
Total fintech-focused M&A deal value rose from $76 billion in 2020 to $83.1 billion in 2021.

“PE funding to fintechs more than doubled from its previous high – with $12.2 billion in investment in 2021 compared to a peak of $5.2 billion in 2018,” the report noted.
VC investment in fintech globally more than doubled year-over-year — from $46 billion in 2020 to a record $115 billion investment in 2021.

The US accounted for $88 billion of total funding and $52.7 billion in VC funding.
Fintech investment in the Asia-Pacific region almost doubled – from $14.7 billion in 2020 to $27.5 billion in 2021, said the KPMG report.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


  • Follow Us :
  • Tags
  • Asia-Pacific Region
  • Fintech
  • global map
  • India

Related News

  • Editorial: Diversify battery technology

    Editorial: Diversify battery technology

  • IND vs ENG, 5th Test: Root, Bairstow slam unbeaten fifties to lead England’s mammoth chase

    IND vs ENG, 5th Test: Root, Bairstow slam unbeaten fifties to lead England’s mammoth chase

  • Women’s Hockey World Cup: Indian women face China test

    Women’s Hockey World Cup: Indian women face China test

  • IND-W vs SL-W: India thrash Sri Lanka by 10-wickets, clinch ODI series

    IND-W vs SL-W: India thrash Sri Lanka by 10-wickets, clinch ODI series

  • India records 16,135 new COVID-19 infections, 24 fatalities

    India records 16,135 new COVID-19 infections, 24 fatalities

  • IND vs ENG, 5th test: Pujara’s unbeaten fifty stretches India’s lead to 257 on Day 3

    IND vs ENG, 5th test: Pujara’s unbeaten fifty stretches India’s lead to 257 on Day 3

Latest News

  • Opinion: Growing Chinese footprint in Pacific

    2 hours ago
  • GHMC to complete 35,444 2BHKs by March

    2 hours ago
  • Cyber Talk: Interacting with fans, clients on social media

    2 hours ago
  • Hyderabad Globe FC emerge champions in U-21 Youth Football Championship

    2 hours ago
  • Telangana: Rythu Bandhu for above 5 acres from Tuesday

    2 hours ago
  • Telangana: Congress slams BJP for not addressing burning issues

    3 hours ago
  • 146 km of VDCC roads to be laid in Hyderabad this FY

    3 hours ago
  • Calculate the percentage of population in your city

    3 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam