A new report from KPMG International and CB Insights shows that private funding flowed relatively freely into the fintech industry in 2015, feeding into an overall trend that has seen startups opt to stay private for longer.
Investment in venture capital-backed fintech companies jumped more than 100 percent, hitting a record $13.8 billion in 2015. The number of deals also increased to 653 from 586 the year before.
