KPMG International and CB Insights revel in a new report that 2015 was very successful for VC-backed fintech firms that have managed to set a new record in funding.
Stock-market selloff shows that online lenders can suffer same as big banks.
The fintech is getting more attractive for investors, with some of the most successful people on Wall Street are moving to this promising industry.
The nascent financial technology industry has seen rapid growth over the last few years. Nearly all the major banks and financial services firms are either actively incubating or facilitating the development of startups and their technology in the FinTech space.