In spite of massive disruptions to economic activities across the globe, the domestic fintech space was overactive in the first half of 2020 with the deal value more than doubling to USD 1.7 billion across 70 deals from USD 726.6 million in the year-ago period, according to a report.
Total investments by venture capital funds, private equity players and also mergers and acquisitions by large corporates in the domestic fintech space saw USD 1,052.4 million worth of deals closing in the first quarter of 2020 across 38 transactions, the report by KPMG International said.
It added that the deals, however, dipped to

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