Chat GPT and other LLMs are being rapidly adopted by FinTech companies
According to forecasts from the business research company, the market for AI in FinTech would expand at a rate of 28.6% and reach $31.71...
Nigeria dominates African FinTech with a 42% share of deals in Q2 2023
Key African investment stats in Q2 2023:
• African FinTech deal activity reached 59 transaction in the second quarter, a 31% drop YoY
• African FinTech...
Singaporean FinTech back on track after 15% increase in deal activity during Q2
Key Singaporean FinTech investment stats in Q2 2023:
• Singaporean FinTech deal activity reached 45 transactions in Q2 2023, a 40% drop from Q2 2022
•...
The UAE is hit with a Crypto wave in H1 2023, accounting for 42%...
Key UAE FinTech investment stats in H1 2023
• UAE FinTech deal activity reached 24 deals in H1 2023, a 54% drop YoY
• UAE FinTech...
UK FinTech deal activity on track to drop 12% in 2023
Key UK FinTech investment stats in H1 2023
• UK FinTech deal activity reached 246 deals in H1 2023, a 14% decrease from H1 2022
•...
The Top 8 most well-funded Neobanks in Germany have attracted a combined $2.29bn in...
German neobanks have grown in popularity within the country and has the second largest neobanking transaction value which reached $50 billion in 2021. Despite...
FinTech acquisition activity suffers more than other sectors in H1 2023
Key Global FinTech acquisition stats in H1 2023
• FinTech acquisition activity halved in H1 2023 YoY reaching 174 acquisitions in total
• FinTech acquisition activity...
Retail investment and trading services account for half of European WealthTech deals in Q2...
Switzerland accounts for 8% of FinTech deals in Europe during Q2 2023
Key Swiss FinTech investment stats in Q2 2023:
• Swiss FinTech deal activity reached...
Sweden sees majority of FinTech deal activity in the Nordics during Q2 2023
Key Nordic FinTech investment stats in Q2 2023:
• Nordic FinTech deal activity reached 17 deals in Q2 2023, a 15% drop from the previous...
European InsurTech deal activity in Q2 2023 sees promising 21% jump from previous quarter
Key European InsurTech investment stats in Q2 2023:
• European InsurTech deal activity reached 17 deals in Q2 2023, a 21% increase from Q1 2023
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