Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
Vertex, Inc. has acquired Ireland fintech Taxamo, a cloud-based pioneer in tax and payment automation for global commerce and marketplaces.
Stripe, one of Silicon Valley’s most valuable private fintech companies, has chosen Dubai for its first expansion into the Middle East and North Africa.
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.