We are pleased to share with you our Financial Technology Market Update. Our outlook for the FinTech sector in 2017 is positive, as the current administration's expected fiscal and tax policies are likely to continue to drive growth and record levels in capital markets, and FinTech spending is likely to grow across the board. 2016 was a slower year for M&A activity across the FinTech sector, with only a handful of blockbuster $1B+ M&A deals. Private capital raising, however, was on the upswing, especially as alternative lenders grew and added to their capital base. In the report, we review a range of current trends in the market, including robo advisory investment, Bitcoin, regulation of financial markets, and the innovation/incubator business. The report also includes our landscape of companies in the ecosystem, M&A and private placement activity.