Canadian fintechs attracted US$1.62 billion in investments across 60 deals in the first half of 2025, a significant drop from the US$2.4 billion invested in the same period last year, according to data compiled by PitchBook for KPMG. (The Logic)
Skip to content
Canadian fintechs attracted US$1.62 billion in investments across 60 deals in the first half of 2025, a significant drop from the US$2.4 billion invested in the same period last year, according to data compiled by PitchBook for KPMG. (The Logic)
Talking point: The decline in investment doesn’t necessarily mean the 2024 fintech resurgence—when Canadian investment hit a record US$7.5 billion in the second half of the year—is over. Two megadeals boosted the 2024 figures: the US$6.3-billion buyout of payments firm Nuvei, and a US$1-billion private equity investment in Montreal’s Plusgrade. KPMG partner Dubie Cunningham said in a release that Canadian fintech investment has been “quite robust” in 2025, especially considering the economic uncertainty caused by the U.S.-led global trade war. Globally, fintech investment fell to US$$44.7 billion in the first half, down from US$54.2 billion in the same period last year.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Canadians could demand firms delete their personal data under new privacy bill
Briefing
IPOs need to be easier for startups if Canada wants 1,000 Shopifys, Champagne says
Nuvei to acquire cross-border payments company Payoneer for US$2.75B
Joly to visit carmakers on 10-day trip to China and Japan
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
