2015 was a great year for FinTech to get funding. This infograph summaries the year.
- US got $4,4B, 5x of European total
- Total Europe total $1B, where of London took 68% (!)
I believe 2016 will be yet another great year for FinTech. This year we will see investments, lead by banks “wakening up”, big merchants and the cards networks investing in mobile & digital payments.
Contactless payments will have very nice growth and will drive mobile payments and mobile value adding services like digital receipts, mobile gift and loyalty cards, coupons and offers and ticketing.