Good news for India, global fintech investment to exceed $210 billion in 2021

Posted on 8th Feb 2022 06:53 pm by rohit kumar

Total global fintech funding (in mergers and acquisitions, private equity, and venture capital) reached $210 billion in 2021 with a record 5,684 deals, an increase of $125 billion from 3,674 deals in 2020. This was claimed in a report on Tuesday. India has once again emerged on the global map with four of the top 10 fintech deals in the Asia-Pacific region. According to 'Pulse of Fintech H2'21', Fintech funding contributed $101 billion in the second half of last year. It has seen a steady increase. The report said that continued growth in interest in areas such as 'buy now, pay later, embedded banking and open banking aligned solutions has helped keep the payments space very strong.

 

Cyber ​​security ($4.85 billion) and wealth tech ($1.62 billion) also saw record levels of investment. The value of cross-border fintech M&A deals more than tripled year-on-year -- to $36.2 billion. PE funding for fintech has more than doubled from its previous high, with $12.2 billion in investments in 2021 compared to $5.2 billion in 2018, the report said.

 

Globally, VC investment in fintech more than doubled year-on-year from $46 billion in 2020 to a record $115 billion in 2021. The US contributed $88 billion of the total funding and $52.7 billion in VC funding. Fintech investment in the Asia -Pacific region nearly doubled - from $14.7 billion in 2020 to $27.5 billion in 2021.

Other news

Nepal: 128 people have died so far due to earthquake, hundreds injured; PM Prachanda leaves for tour of affected areas

So far 128 people have died and hundreds have been injured due to the massive earthquake in weste

WTC Final: Travis Head made many records with a century, and made the biggest partnership in the final of the ICC tournament

The final match of the 2021-23 cycle of the World Test Championship is being played at The Oval i

India Canada Crisis: 'Trudeau is sheltering extremists and criminals who have fled from India', former Canadian official reveals the truth

The real face of Canada, which questioned India over the Nijjar murder case, has been exposed by

We will marry Rishabh Pant after T20 World Cup, fans troll Urvashi Rautela again

Team India's wicketkeeper-batsman Rishabh Pant is in a lot of discussions these days, not for his

PAK vs UAE Asia Cup: Andy Pycroft ruled out of all Pakistan matches, major action taken ahead of the match against UAE

A major change has been witnessed in the Asia Cup 2025. ICC Elite Panel Match Referee Andy Pycrof

American people losing confidence in college education: 14% believe the impact of higher education has decreased since 2020, due to the economic slowdown

There is a decrease in people with positive thinking about higher education in America. There has

President Draupadi Murmu: 'Moral education should be included in the curriculum'- President Draupadi Murmu

During his visit to Telangana, President Draupadi Murmu on Tuesday said that children should be g

CSK vs RCB Pitch Report: Will it rain runs in the first match of IPL or will the bowlers dominate? Know the pitch report

Now only a few hours are left for the opening match of IPL 2024 to start. The first match of the

Manmohan Singh: Supriya Shrinet praises Diljit Dosanjh and appreciates him for dedicating a concert to the former PM

Singer Diljit Dosanjh dedicated his concert in Guwahati to former Prime Minister Manmohan Singh.

DU Admission: The second list of admissions was released late at night, students will be able to accept seats till Tuesday evening

Delhi University (DU) released the second allotment list for undergraduate admissions at 10 pm on