Crypto, blockchain to retain appeal in 2022; EMEA fintech investments rise to record $77 billion in 2021: report – ArabianBusiness

Crypto, blockchain to retain appeal in 2022; EMEA fintech investments rise to record $77 billion in 2021: report – ArabianBusiness

Total global fintech funding across mergers and acquisitions (M&A), private equity (PE), and venture capital (VC) has reached $210 billion across a record 5,684 deals in 2021, according to the Pulse of Fintech H2 ’21 – a bi-annual report published by KPMG highlighting fintech investment trends.

Investment in fintech companies in Europe, Middle East, and Africa (EMEA) touched $77.4 billion across 1,859 deals.

The fintech ecosystem in the Middle East also continued to evolve, with a $75 million raise by Bahrain-based Rain and a $50 million raise by UAE-based Tabby in H2 2021.