Fintech deals rose five-fold in 2017 due to note ban: Report
India's demonetisation decision led to a five-fold increase in venture investing in the country's fintech sector, according to a report by Accenture. Venture investing in India's fintech sector was reported to be $2.4 billion in 2017. The report added that India, along with the UK and US, prompted an 18% rise in fintech financing to $27.4 billion in 2017.