Skip to main content
123 Main Street
Anytown, United Kingdom
text: Global Fintech Performance q1-2017

Global FinTech Performance for the First Quarter in 2017

| Nalinee |

FinTech investment got off to a quiet start in 2017. According to CB Insights Global Fintech Performance report, VC-Backed FinTech companies raise $2.7B across 226 deals in the first quarter. Even though the face value of the investment itself might be considered big, investment in 2017 is on pace to drop 18% from 2016. The funding to global VC-backed FinTech companies rose 33% on a quarterly basis but was down to 47% compared to the same quarter last year.






Regionally, Europe saw deal activity to VC-backed FinTech companies rise a notable 74% on a quarterly basis for the first quarter. However, North America is facing the opposite situation where the deals in the first quarter dropped by 12% as compared to Q4’16 and 33% from the same quarter last year.

global fintech deal


Asia FinTech Performance 

In Asia, a total of $826 Million is raised by Asian VC-backed FinTech Startups across 42 deals in the first quarter of 2017. From its Fintech performance, Asia could see 8% fewer deals in 2017 than 2016. Nonetheless, early stage Fintech Companies financing stays level in Q1’17 with a total of $62M across 18 deals, just a little deviation from the Q4’16 total. Seven out of these top ten deals in Asia for Q1’17 went to China-based companies.


asia fintech performance



Related Article

Global Fintech Hubs Report 2017

Global Fintech Review 2016


Reference :

CBInsights, “The Global FinTech Report: Q1’17”

Related Articles

Text: payment barometer 2022 Increase in write offs

Singapore: Increase in Write-offs Across B2B Invoices

Atradius released its latest annual Business-to-Business (B2B) Payment Practices Barometer&n…
Text: 2021 Statistics for Singapore SMEs

Key 2021 Statistics for Singapore SMEs

The Singapore Department of Statistics recently released its 2021 SME statistics.  The …
how technology is supporting SMEs growth text - over top of laptop at desk

Industry 4.0 – How does it benefit the SMEs?

Before we talk about what is Industry 4.0, let us first briefly understand the history of industr…

Take Control of Your
Cashflow today

Apply for free in less than 2 minutes with Xero integration or via our online application form. Boost your business growth with Invoice Finance today.