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Laxman Pai, Opalesque Asia:

Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study.

According to the Pulse of Fintech H2'24-a bi-annual report published by KPMG highlighting fintech investment trends globally and in key jurisdictions around the world, the second half of the year was notably slower than the first, with investment falling from $51.7 billion in H1'24 to $43.9 billion in H2'24.

A closer look at the results offered some optimism, however; between Q3'24 and Q4'24, global fintech investment rose from $18 billion to $25.9 billion.

Both M&A deal value and VC investment also rose quarter-over-quarter, from $7.4 billion to $14.2 billion and from $9.7 billion to $11.2 billion, respectively.

At a sector level, the payments space attracted the largest share of investment ($31 billion), followed by digital assets and currencies ($9.1 billion), and regtech ($7.4 billion).

According to the report, payments were the strongest area of fintech investment globally in 2024, with $31 billion in investment compared to just $17.2 billion in 2023; other sectors that saw investment rise year-over-year included digital assets and currencies -from $8.7 billion to $9.1 billion, regtech-from $4.4 billion to $7.4 billion, proptech-from $1.9 billion to $3 billion, and wealthtech-from $1......................

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