Canadian Fintechs Face Pivotal Year After Investment Fell In 2023
Deal values and volume dropped significantly last year, but easing economic pressures and open banking could boost investor confidenceInvestment in Canadian fintechs slowed significantly again last year as the number of deals dropped by more than half and values fell nearly 30 per cent, finds KPMG’s latest global Pulse of Fintech report. The Canadian results mirror declining investment globally, which saw deals fall 65 per cent and values plummet 73 per cent.... read more