毕马威发布《金融科技动向2025年上半年》报告：战略性投资成主流，人工智能投资热度进一步上升

Core Insights - Financial technology is becoming a core driver of trade innovation and financial industry transformation in the context of digital economy and globalization [1] - Despite cautious optimism among fintech investors at the beginning of 2025, concerns over geopolitical tensions and rapidly changing trade policies have led to a conservative investment approach, particularly outside of popular sectors like digital assets and AI [1] Investment Trends - In the first half of 2025, global fintech investments attracted $44.7 billion across 2,216 deals, a decline from $54.2 billion and 2,376 deals in the second half of 2024 [1] - The second quarter of 2025 saw only $18.7 billion in investments and 972 deals, marking the lowest levels in eight and thirty-one quarters respectively [1] - Investment in the global payments sector plummeted from $30.8 billion in 2024 to $4.6 billion in the first half of 2025, the lowest in a decade [3] Sector-Specific Insights - Insurtech investments surged in the first half of 2025, completing 141 deals with a total investment of $4.8 billion, significantly exceeding the $2.9 billion total for all of 2024 [4] - Cybersecurity investments were weak, with only $120 million across 26 deals in the first half of 2025, down from $1 billion in 2024 [5] - Investments in digital assets and currencies rose sharply to $8.4 billion in the first half of 2025, driven by the introduction of the U.S. "GENIUS" stablecoin bill [6] Regional Insights - Fintech investment in the Americas dropped from $35.7 billion in the second half of 2024 to $26.7 billion in the first half of 2025, with a noticeable decrease in deal volume [9] - The Europe, Middle East, and Africa (EMEA) region saw fintech investments rise to $13.7 billion across 759 deals [11] - The Asia-Pacific region remained weak, with only $4.3 billion in investments across 363 deals in the first half of 2025 [13] Future Outlook - Investors are expected to maintain a selective investment strategy, focusing on companies with strong fundamentals and profitability, while mergers and acquisitions will target strategically significant deals [15] - The stablecoin sector is anticipated to gain traction due to regulatory advancements, benefiting the broader digital asset and currency market [16] - There is a growing interest in using AI to enhance efficiency across various fintech sectors, particularly in financial crime prevention and regulatory technology [18]