According to KPMG’s “2018 Pulse of Fintech” report, it was a happy year in the US with VC accounting for more than half of the 1,061 fintech deals.
Deals include the massive $17 billion investment in October by Blackstone Group into Refinitiv – formerly the financial and risk group of Thomson Reuters, the $3.5 billion buyout of Blackhawk Networks by Silver Lake and P2 Capital Partners in June and a $3.4 billion buyout of VeriFone by Francisco Partners in August.
VC investment related to fintech in the US was particularly strong last year, if overshadowed by the large M&A and buyout activity.
