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Laxman Pai, Opalesque Asia:

The US took the lion's share of fintech funding in H1'23, it's US$34.9 billion in funding accounting for more than two-thirds of the US$52.4 seen globally, said a study.

According to KPMG Pulse of Fintech - H1'2023, the US also attracted five of the seven US$1 billion+ fintech deals of H1'23, including the US$8 billion buyout of Coupa by Thomas Bravo, the US$6.9 billion VC raise by Stripe, the US$4 billion acquisition of EVO payments by Global Payments, the US$2.6 billion buyout of Duck Creek Technologies by Vista Equity Partners, and the US$1.8 billion buyout of Moneygram by Madison Dearborn Partners LLC.

The EMEA region and ASPAC regions each attracted a single US$1 billion+ deal during H1'23; in EMEA, UK-based Wood Mackenzie was acquired by Veritas Capital for US$3.1 billion, while in ASPAC, China-based Chongqing Ant Consumer Finance held a US$1.5 billion VC funding round.

At a regional level, the Americas saw fintech funding grow-from US$28.9 billion to US$36.1 billion between H2'22 and H1'23-despite a decline in deals volume-from 1,323 to 1,011 deals-over the same timeframe.

In the VC funding segment, the Americas attracted US$16 billion in funding during H1'23-of which the US accounted for US$15.1 billion, while EMEA attracted US$6.6 billion in VC funding, and the ASPAC region saw US$4.6 billion.

The global PE funding was also very soft with US$1.1 billion in funding in H1'23, including US$768 million in the Americas (U......................

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