Blockchain Gains Momentum: The Pulse of Fintech Report

A number of fintech sub-segments, including blockchain, InsurTech and robo-advisors, have gained significant traction during Q2 '16, according to the Pulse of Fintech, the quarterly global report on fintech VC trends published jointly by KPMG International and CB Insights. Blockchain in particular was among the big winners, and will continue to gain momentum, the firms predict.

During Q2’16, interest in blockchain technology has risen significantly as a number of banks and financial institutions from around the world started focusing on proof-of-concept initiatives, moving from initial ideas to pilot testing of solutions. Several large Q2 funding rounds also went to blockchain focused companies.

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