There were 3,472 deals accounting for US$53.3 billion in activity in 2019, according to the data. The US$55.3 billion in activity from 2018 represents the pinnacle of global fintech dealings. “Despite the future potential of emerging markets, fintech investors continued to favour the United States, which retained the crown as the biggest market for fintech deals worldwide last year,” according to the article.
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China’s Shaky 2019 Dragged Global Fintech Numbers Down: Report
Global investments in fintech firms dipped 3.7% last year, with a steep dip in Chinese activity largely the reason, according to a new report from Accenture. So reports The South China Morning Post.
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