American Fintech Investment reached $78bn in 2023

Total fintech investment in the Americas reached an estimated $78.3bn with 2,136 deals in 2023. ​

Total fintech investment in the Americas dropped from $95.4 billion in 2022 to $78.3 billion in 2023 as the number of fintech deals plummeted from 3,467 to 2,136. The US attracted the vast majority of fintech deals activity during the year, accounting for $73.5 billion of investment across 1,734 deals.
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The second half of 2023 was particularly soft for fintech deals activity in the Americas as investors enhanced their scrutiny of potential deals even further. During H2’23, the Americas attracted $38.4 billion of investment across 916 deals, of which the US accounted for $34.8 billion across 627 deals. The three largest deals in H2’23 occurred in the US, including the $11.7 billion acquisition of real estate data analytics company Black Knight by Intercontinental Exchange, the $10.5 billion acquisition of regtech and risk management software firm Adenza by Nasdaq, and the $1.2 billion buyout of wealth management firm Avantax by Cetera.  

Global investment in fintech nosedived in 2023, plunging to a five-year low of $113.7bn from 4547 deals

​Global investment in fintech nosedived in 2023, plunging to a five-year low of $113.7bn from 4547 deals. This marked a 42 per cent decline from the $196.3bn reported in 2022 and represented the weakest result since 2017.

Source: (1) https://kpmg.com/xx/en/home/insights/2024/02/pulse-of-fintech-h2-2023-americas.html and (2) https://www.thebanker.com/Global-fintech-investment-collapses-in-2023-1707725810  ​

Posted by Peter Oakes (www.peteroakes.com / Twitter @oakeslaw @US_Fintech @FintechUK_HQ @FintechIreland)
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See also www.UKFintech.com www.FintechIreland.com