Europe has seen its highest levels yet of venture investments in fintech companies according to a report by KPMG. Almost $1 billion was invested across 89 deals, with VC investment accounting for $610 million during the first quarter of 2017, in a sign that a shift in focus may be happening from America to Europe.
Britain accounted for half of the top ten deals in the continent, with Germany taking another three, suggesting that any Brexit related uncertainty is having little impact.