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Canadian Fintech Investment Drops by More than Half According to a KPMG Report - Vimarsana News

Canadian Fintech Investment Drops by More than Half According to a KPMG Report

After a record-breaking year in 2021, investment in Canadian fintech dropped by more than 50 per cent in the first six months of 2022, mirroring a broader decline in the technology sector, according to KPMG’s Pulse of Fintech H1’22 Global report. Canadian fintech companies saw US$810 million in total investment across 85 deals in the first half of 2022, down from US$1.9