Asia-Pacific sees fintech investments climb in H1'22, despite drop in global figures: KPMG report

Asia-Pacific has seen a record $41.8 billion investments in fintech during H1'22, revealed KPMG’s latest Pulse of Fintech report. In comparison, the global investments in fintech dipped to $107.8 billion. The report also revealed that the payments sector received the bulk of investments and raked in $14.2 billion, followed by crypto and blockchain. According to the report, global fintech investments dropped from $111.2 billion in H2'21, with 2,980 deals signed in H1'22. These investments include private equity, venture capital and merger and acquisition deals. Anton Ruddenklau, Global Head of Financial Services Innovation and Fintech, KPMG International, said: "2021 was a…