Accenture in association with Partnership Fund for New York City released a new research study titled “Fintech New York: Partnerships, Platforms and Open Innovation”

On 25 June 2015 Accenture in association with Partnership Fund for New York City released a new research study titled “Fintech New York: Partnerships, Platforms and Open Innovation”.

The research report stated that investments in fintech continued at a remarkable pace last year, nearly tripling in the United States in 2014.  The value of fintech investments in the United States soared to $9.89 billion in 2014, up from $3.39 billion in 2013.  This 191% increase dwarfs the increase in 2013, when fintech deal values in the United States climbed 68 percent. In New York, fintech deal values grew by 32% in 2014, to a new high of $768 million. 

The report notes that hot areas for fintech investment in 2014 included payments, lending, trading technologies and wealth management. Payments accounted for the largest number of fintech deals in the United States in 2014, 29%. In New York, however, the total number of fintech deals in payment companies has trended downward, from 33% of all fintech deals in 2012 to 21% in 2014. Lending was the second-biggest investment area for U.S. fintech investments in 2014, accounting for 16% of such investments.

Accenture research study: “The Future of Fintech and Banking: Digitally disrupted or reimagined?”

On 25 March 2015 Accenture released a research study titled “The Future of Fintech and Banking: Digitally disrupted or reimagined?”

The study confirms that global investment in financial-technology (fintech) ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world. The report also confirms that in 2014, fintech investment increased at more than three times the rate of overall venture capital investment. Further confirmed was that the US still captures the lion’s share of fintech investment, Europe experienced the highest growth rate, with an increase of 215% to $1.48 billion in 2014.

The UK and Ireland (UKI) accounted for more than two-fifths (42%) of the European total, as investment in the region rose from $264 million in 2013 to $623 million in 2014. In the rest of Europe, the regions that experienced the most significant levels of investment in 2014 were the Nordic countries ($345 million), the Netherlands ($306 million) and Germany ($82 million).