Geopolitical uncertainty, inflation, and high interest rates have subdued investment compared to 2021.
EMEA fintech investment dropped from $19.1 billion in H2 2023 to $11.4 billion in H1 2024.
Total fintech investment in the UK reached $7.3 billion in
the first half of 2024. This is a significant increase from $2.5 billion in the
same period of 2023. The data comes from KPMG’s latest Pulse of Fintech report,
released today (Tuesday) August 2024.
Despite this increase, the investment climate remains
cautious. Geopolitical uncertainties, high inflation, and elevated interest
rates have led to more subdued levels of investment compared to the record
highs of 2021.
Major Deals Inflate Figures
A major factor in the H1 2024 total was the size of several
large deals. Notable transactions included Leonard Green’s $4 billion buyout of
financial software company IRIS Software Group, a $999 million venture capital
round for the small business marketplace platform Abound, and a $621 million
funding raise by neobank Monzo. Excluding these large deals, UK fintech
investment would have been $1.8 billion.
Hannah Dobson, Partner and UK Head of Fintech at KPMG UK, Source: KPMG
In the first half of 2024, there were 198 M&A, private
equity, and venture capital deals in the UK fintech sector. This is a decrease
from 284 deals in the same period of 2023.
Despite this drop, the UK continues
to lead European fintech investment. UK fintech companies attracted more
funding than those in the rest of Europe, the Middle East, and Africa (EMEA)
combined.
Hannah Dobson, Partner and UK Head of Fintech at KPMG UK,
said: “We are expecting to see growing investment interest in AI and its use in
the fintech and regtech space.”
“Regulation remains a key focus in the EU,” she added, “particularly with crypto and digital asset businesses as they navigate the new
EU’s Markets in Crypto Assets regulation, which is expected to arrive in
December 2024.”
EMEA Deals Drop Sharply
The overall fintech investment in the EMEA region fell
significantly in H1 2024, dropping from $19.1 billion in the second half of
2023 to $11.4 billion.
The largest fintech deals in EMEA, outside of the UK,
included the $652 million buyout of payments firm Banco BPM Gruppo and the
acquisition of the Swiss e-invoicing company Pagero by Thomson Reuters.
Total fintech investment in the UK reached $7.3 billion in
the first half of 2024. This is a significant increase from $2.5 billion in the
same period of 2023. The data comes from KPMG’s latest Pulse of Fintech report,
released today (Tuesday) August 2024.
Despite this increase, the investment climate remains
cautious. Geopolitical uncertainties, high inflation, and elevated interest
rates have led to more subdued levels of investment compared to the record
highs of 2021.
Major Deals Inflate Figures
A major factor in the H1 2024 total was the size of several
large deals. Notable transactions included Leonard Green’s $4 billion buyout of
financial software company IRIS Software Group, a $999 million venture capital
round for the small business marketplace platform Abound, and a $621 million
funding raise by neobank Monzo. Excluding these large deals, UK fintech
investment would have been $1.8 billion.
Hannah Dobson, Partner and UK Head of Fintech at KPMG UK, Source: KPMG
In the first half of 2024, there were 198 M&A, private
equity, and venture capital deals in the UK fintech sector. This is a decrease
from 284 deals in the same period of 2023.
Despite this drop, the UK continues
to lead European fintech investment. UK fintech companies attracted more
funding than those in the rest of Europe, the Middle East, and Africa (EMEA)
combined.
Hannah Dobson, Partner and UK Head of Fintech at KPMG UK,
said: “We are expecting to see growing investment interest in AI and its use in
the fintech and regtech space.”
“Regulation remains a key focus in the EU,” she added, “particularly with crypto and digital asset businesses as they navigate the new
EU’s Markets in Crypto Assets regulation, which is expected to arrive in
December 2024.”
EMEA Deals Drop Sharply
The overall fintech investment in the EMEA region fell
significantly in H1 2024, dropping from $19.1 billion in the second half of
2023 to $11.4 billion.
The largest fintech deals in EMEA, outside of the UK,
included the $652 million buyout of payments firm Banco BPM Gruppo and the
acquisition of the Swiss e-invoicing company Pagero by Thomson Reuters.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Why Evergreen Content Is Still the Smartest Marketing Investment
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture