The big picture in fintech

It seems that 2017 was a great year for fintech in general with a record $16.6 billion of VC-backed financing and 1128 deals according to CB Insights Trend in Fintech Report. Considering that the largest deals in 2017 went to companies providing insurance, according to CB Insights, the insurance technology sector was in line with the general fintech growth trend. Over $8 billion dollars were invested since 2012 to date with a 16% year-over-year increase