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UK fintech drops 57% to $5.9bn in H1

According to KPMG, 215 UK M&A, PE and VC fintech deals were completed in H1 2023, down from 392 in H1 2022

Total UK fintech investment dropped to $5.9bn (£4.6bn) in the first half of 2023, down 57% from $13.8bn (£10.8bn) in the same period in 2022, according to KPMG’s Pulse of Fintech report, a bi-annual report on fintech investment trends.

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