Global investment in financial technology venture firms grew 10% last year to $23.2 billion, consultancy firm Accenture said on Tuesday, fueled by huge investor appetite in China and Japan. Fintech investment in China more than tripled to $10 billion from 55 deals last year, representing 90% of fintech ventures in the Asia-Pacific region. Japan also saw a large spike with fintech ventures totaling $154 million from 14 deals in 2016, more than double the previous year's $65 million, said Accenture, whose analysis was based on data from CB Insights.
http://fortune.com/2017/02/28/more-evidence-of-asias-obsession-with-fintech-firms/