Global fintech investment returned to growth in 2025 after three consecutive years of decline, with digital assets emerging as one of the sector’s strongest-performing segments, according to KPMG’s latest Pulse of Fintech H2 2025 report.
The report found that global fintech investment increased from $95.5 billion in 2024 to $116 billion in 2025, despite deal volumes falling to their lowest level in eight years.
Investor attention was concentrated on larger, more mature companies with clear paths to profitability, while improving IPO conditions helped reignite optimism across the sector.
For the digital assets industry, 2025 marked a breakthrough year.
Total investment in the sector nearly doubled year-on-year, rising from $11.2 billion to $19.1 billion as regulatory clarity, institutional participation and growing interest in stablecoins and tokenisation accelerated market activity.
KPMG highlighted stablecoins, real-world asset tokenisation and digital asset infrastructure as key growth areas heading into 2026.
The report noted that corporations are increasingly exploring digital assets for treasury management, money market funds, payments and broader financial services applications, creating opportunities across custody, issuance, trading and tokenisation services.
The Americas remained the dominant fintech investment region during 2025, attracting $66.5 billion in funding, with the United States accounting for $56.6 billion.
Within digital assets, the signing of the GENIUS Act in the US was identified as a major catalyst, helping to boost investor confidence and drive activity across the stablecoin ecosystem.
KPMG expects momentum to continue throughout the remainder of 2026 as financial institutions, fintechs and corporates expand their digital asset strategies.
The firm predicts increasing consolidation across stablecoin infrastructure providers, growing institutional participation in tokenised assets and continued investment in platforms supporting interoperability and cross-border settlement.
Alongside digital assets, artificial intelligence remained a major investment theme. AI-focused fintech companies attracted $16.8 billion globally during 2025, with investors prioritising solutions capable of delivering operational efficiencies and supporting business transformation.
Looking ahead, KPMG forecasts that digital assets, stablecoins and tokenisation will remain among the defining trends shaping financial services innovation, supported by improving regulation, stronger capital markets and growing institutional adoption.
