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APAC Fintech Investment More Than Doubles, KPMG Data Reveals

September 13, 2022


Despite total global investment in fintech and the total number of fintech deals falling between H2’21 and H1’22, APAC investment soared to a record $41.8billion during the first half of 2022 from $19.2billion recorded in second half of 2021.

According to the latest edition of KPMG‘s Pulse of Fintech, Asia-Pacific’s record figures were driven almost entirely by three large M&A transactions: the $27.9billion acquisition of Australia-based Afterpay by Block, the $2.1billion buyout of Japan-based Yayoi by KKR, and the $1billion merger of Australia-based fintechs Superhero and Swiftx.

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