This year could be the year that VC- backed fintech investment deals and funding reach an all-time high.

According to a report by CB Insights, released earlier this week, venture capital-backed fintech companies across the globe raised a total of $5.2 Billion across 251 deals in the second quarter of this year. This number reflects a 19% increase from last year.

If this pace keeps for the rest of the year, then funding will be on track to reach that all-time high.

According to the report, the US fintech funding saw a 58% rise to $1.9 billion in the second quarter compared to $1.2 billion in the first quarter. A large portion of this increase comes thanks to six companies who each raised more than a $100 million in funding. These companies are AvidXchange, Bright Health, Addepar, Clover, Robinhood, and R3.

In terms of deal activity, however, North America’s dipped to a five-quarter low of 106 deals in 2Q17. This is the second consecutive fall in deal activity, the report said.

Asian fintech companies raised $2.7 billion this quarter compared to the $800 million raised last quarter, the report said. Europe, however, saw a dip in its numbers to $498 million this quarter from $700 million , the report stated.

See full report here.