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According to the Pulse of Fintech, the quarterly global report on fintech VC trends published jointly by KPMG International and CB Insights, fintech has plateaued in Q2 2016 amid investor concerns about high valuations, a lack of significant IPO exits and macro-economic factors
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49 Percent Decline in Investment
Venture capital-backed fintech companies are reported to have raised $2.5 billion across 195 deals, equating to under half the amount secured in the same quarter last year.
In the second quarter, North America accounted for over half of VC-backed fintech ... (read more)