Wharon on Fintech in China: What Lies Ahead
The fintech revolution continues to gather momentum. According to an analysis by Accenture, global investment in fintech ventures more than doubled from $26.67 billion in 2017 to $55.33 billion in 2018. During the same period, the number of deals rose by 18.5% to 3,251. Compare that to 2010, when the number of deals came to 342 and funding topped $1.8 billion.