Citi’s global perspectives and solutions team has issued a 100-page report on digital disruption in the fintech industry. It has analysed venture capital (VC) investments in the fintech industry between 2010 and 2016, as well as the emerging technologies across the globe.
A significant chunk of the report discusses the growing interest of VC in China’s fintech start-ups. Figures indicate that China dominates investments in Asia and attracts almost all investors looking for deals over $50 million. In the first nine months of 2016, seven of the top ten fintech VC funding rounds saw $3.533 billion flow into China.
