2023年H1金融科技的脉动-英-53页_3mb

Global Fintech Funding Overview (H1 2023)

Global fintech funding decreased significantly in the first half of 2023, dropping to $52.4 billion across 2,153 deals, compared to $63.2 billion in H2 2022, amid economic challenges like high inflation and rising interest rates. The United States was the primary driver of funding, absorbing $34.9 billion, with a focus on core payments and profitably run businesses. Overall, there was a shift toward efficiency improvements and reduced risk aversion in dealmaking.

Regional Insights

• Americas: Funding rose to $36 billion, largely in the U.S., with strong activity in payments and insurtech. However, deal volume declined, and crypto funding slowed due to U.S. regulatory scrutiny.

• EMEA: Funding fell to $11.2 billion, with the UK leading, buoyed by open banking initiatives and interest in ESG. Regulatory sandbox programs, such as those in the EU, are driving innovation.

• ASPAC: Activity was the lowest in nearly a decade at $5.1 billion, impacted by Chinese regulatory caution and the collapse of crypto enthusiasm. Interest in AI and logistics finance is growing.

Key Trends

• Payments remained the largest sector, with funding primarily in mature markets, focusing on core processing and multi-lateral fast payments. BNPL models saw reduced interest as investors prioritized stability.

• AI and generative AI are accelerating, especially in cyber security, wealthtech, and insurtech, with big tech firms leading developments. Regtech continues strong, leveraging AI for compliance.

• Consolidation is evident across sectors, including payments (e.g., Global Payments acquiring EVO Payments) and insurtech (e.g., Vista Equity Partners buying Duck Creek Technologies), facilitated by lower valuations.

• Sustainability and ESG-focused fintechs, along with biometric authentication and embedded finance, are emerging hotspots.

Outlook for H2 2023

H2 2023 is expected to see a rebound in funding as markets stabilize, with increased interest in AI-driven solutions, M&A, and corporate partnerships. KPMG predicts AI will drive innovation, while regions like Europe will prioritize regulatory alignment. Blockchain and digital assets may see resurgence in other jurisdictions.