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Fintech investments are on high level - Top 10 countries leaders for H1' 2021 -...

 2 years ago
source link: https://ceoworld.biz/2021/10/01/fintech-investments-are-on-high-level-top-10-countries-leaders-for-h1-2021/
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Fintech investments are on high level – Top 10 countries leaders for H1′ 2021

The global fintech market made a strong start in 2021. Global fintech investments recorded $98 billion in H1, 2021 with 2.456 deals, according to KPMG insights. In H2, 2021 global fintech investments reached 87 billion dollars.

US: Fintech investments in the United States made a very good course at the first six months of 2021. Total fintech investment activity in the US in Q2, 2021 reached 22,8 billion dollars from 19,3 billion dollars in Q1, 2021. The bigger and more established companies are currently growing and having an easier time raising money than others.

In 2021 investment in fintech companies in EMEA region recorded 39,1 billion dollars with 792 deals.

Canada: Total fintech investment skyrocketed to 4,8 billion dollars in the first half of 2021. In Canada merger and acquisitions deal value increased in H1, 2021. The Nasdaq’s acquisition of cybersecurity firm Verafin for $2.7 billion was the most important. It is worth mentioning the 265 million dollars acquisition of PayBright by Affirm and the 113 million dollars acquisition of Flexiti by Curo.

United Kingdom: Total fintech investment activity in Q1 and Q2, 2021 in the United Kingdom reached 6,2 billion dollars. This amount was bolstered considerably by the massive 14.8 billion dollars Refinitiv deal. Some relevant of fintech sectors are attracting attention from investors in the UK, including payments, wealthtech, insurtech, regtech, cybersecurity and more.

Germany: Fintech investment in Germany surpassed 2,5 billion dollars in H1, 2021. The significant increase came as a result from a $900 million raise by wealthtech Trade Republic, a $650 million raise by digital insurer Wefox and $100 million raises by Scalable Capital, Mambu and Solarisbank. Both digital banking and digital insurance continue to be areas of great interest for investment in Germany.

France: Fintech market keeps evolving in France. The country reached 2 billion dollars in fintech investment during H1, 2021. Some great deals were registered during the first half of 2021. Ledger raised $380 million, PE firm AnaCap bought 60% of Market Pay for $363 million, Shift Technology raised $220 million and Alan raised $219 million. Fintech investors in France search for opportunities in insurtech, B2B services, cybersecurity, and “buy now, pay later” offerings.

Sweden: Total fintech investment activity in Nordics reached 4,8 billion dollars and was driven by three big deals in Sweden. The $2.6 billion acquisition of trading platform company Itiviti by Broadridge Financial Solutions and two funding rounds totaling $1.9 billion by Sweden-based “buy now, pay later” company Klarna. Sweden attracted the majority of fintech investment during H1’21.

Ireland: The country attracted 900 million dollars of fintech investment in the first half of 2021. The previous record was registered in 2011 reaching 700 million dollars. The deals that we should remember from this period are: the $600 million buyout of Fenergo by PE firms Astorg and Bridgepoint, the $200 million acquisition of Taxamo by Vertex, and the $74 million VC raise by Wayflyer.

United Arab Emirates: The country is among the leaders in fintech deals after the $800 million private equity investment by Silverlake into Abu Dhabibased Group 42 — an AI driven cloud computing companies that focuses on digitization of businesses. In the coming years investments in payments and contactless technologies are expected to remain strong in the United Arab Emirates.

Israel: Total fintech investment in Israel reached $240 million in H1’21, including a record $188 million in Q2’21. The most attracted deals include TipRanks’ $77 million Series B VC raise and two successful IPOs in the insurtech space. In H1, 2021 was launched in Israel the First Digital Bank – the country’s first new bank in over 40 years.

In H1, 2021 fintech companies in Asia Pacific received $7.5 billion with 467 deals.

China: Fintech investment in China increased from $900 million in H2’20 to over $1.3 billion in H1’21. The deals that occured weren’t that big but the $100 million VC deals that occurred highlight the growing diversity of fintech startups attracting funding. In H1’21, medical payments company MediTrust Health raised $155 million, wealthtech WeBull raised $150 million, asset data management firm Xuncetech raised $108 million and B2B solutions provider XforcePlus raised $100 million.

Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine. Follow CEOWORLD magazine on Twitter and Facebook. For media queries, please contact: [email protected]

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