Innovate Finance Provides Data on Global Fintech Investment

Innovate Finance has reported global investment in fintech trending higher; details reported to Crowdfund Insider cite an increase of 27% in 2016 with investment for the year at $15.2 billion with 839 deals; UK fintech investment has slowed while investment in China has been increasing; Innovate Finance says China has reported the top three fintech investment deals globally with funding for Alipay, Lufax and JD Finance; in the US, insurtech firm, Oscar, has led investment fundraising with funding of $400 million.  Source

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