From kpmg.com: In H2 2024, Australia saw a substantial increase in fintech investments, totaling $1.1 billion across 43 deals, compared to only $839 million for the whole of 2023.

Major transactions included Experian’s acquisition of Illion for $540 million and GDG’s acquisition of Lonesec for $197 million, although total deal count dropped by 14% from the first half of the year.

Globally, fintech investments fell to a seven-year low of $95.6 billion due to ongoing macroeconomic challenges and geopolitical tensions, with the Americas leading at $31 billion in H2 2024.