In the first half of 2024, investments in fintech in the world, in particular venture deals, private investments and M&A deals, decreased by 17%
The total volume of global investments in fintech decreased to $51.9 billion (2,255 deals) in January-June this year compared to $62.3 billion (2,287 deals) in the second half of 2023.
During this period, there were only five fintech deals worth more than $1 billion. Currently, the global fintech market is experiencing difficulties against the background of high interest rates and significant geopolitical uncertainty in the world.
Thus, venture investments decreased in all key regions:
- in America — by 5% to $36.7 billion (from $38.5 billion);
- in the Asia-Pacific region (ASPAC) — by 20% to 3.7 billion (from $4.6 billion);
- in the Europe, Middle East and Africa (EMEA) region — by 40% to 11.4 billion (from $19.1 billion).
At the same time, the number of fintech deals increased in the Americas (from 1,066 to 1,123) and in the ASPAC region (from 406 to 438). On the other hand, in the EMEA region, the number decreased from 804 to 689 deals.
Investments in various areas of fintech
In the first half of 2024, the value of global M&A deals amounted to $32.6 billion for 264 deals around the world. Venture capital investment worldwide was $18.3 billion. Private investment was only $979.5 million. Corporate venture capital investment was $8.5 billion.
The largest share of investments in fintech for the reporting period was the payment segment — $21.4 billion. At the same time, investments in regtech are estimated at $5.3 billion, which significantly exceeds the $3.4 billion attracted for the whole of 2023.
But in the field of insurance (insurtech), investments significantly decreased in half a year to $1.6 billion. This is less than a quarter of the $8.2 billion raised in 2023.
The field of artificial intelligence (AI) was quite popular among fintech investors in the first half of the year, especially in the Americas, reflecting a global trend.
As for Ukraine, our M&A sector has demonstrated stability over this period. The number of deals increased by 4.2%, and the total value of deals increased by 31% compared to the same period in 2023.
In the first half of the year, 25 deals totaling $510 million were concluded on the Ukrainian mergers and acquisitions market, which indicates a gradual recovery of investor interest and adaptation to changes in the economic landscape.
