Financial technology (aka Fin Tech) deal activity is accelerating. According to a recent study by CB Insights, the top 12 VC firms (e.g., Sequoia Capital, Andreesen Horowitz) have increased their venture capital investing in Fintech by 61% in 2013 (compared to 2010) and a whopping 309% in the last 5 years.
"And within the Fin Tech universe today, the smart money VCs are investing in technologies ranging from peer-to-peer loan marketplaces to mobile payments to big data tools for capital markets.
As new innovation rapidly makes its way through the financial services sector, Fin Tech investments across the entire ecosystem have exploded in recent years. Of note, a recent report released by Accenture and the New York City Investment Fund using CB Insights data found global Fin Tech investments reached nearly $3B in 2013 from under $930M in 2008."
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