Accelerator programme marks fifth-year anniversary as fintech investments in Hong Kong surge.
US$20 million target for first phase of stage agnostic fund.
Company’s business has grown nine times compared to 2016.
It is the only peer-to-peer lending company from Southeast Asia included in the list.
Singapore-based Jungle Ventures’ David Gowdey on why Southeast Asia is the place to be to start digital businesses.
Fintech financing in Asia-Pacific more than doubles in 2016 to US$11.2 billion.
Investors continued to take a much more cautious approach to fintech investments this year.
After a significant pullback in funding in the fourth quarter (Q4) of 2015, mega-rounds lifted quarterly investment into VC-backed fintech companies globally by over 150%.
The corporate venture capital scene is growing and here to stay, but if there’s one thing such VCs hate it is those startups that crawl along and are too stubborn to die, Gabey Goh reports from EMC World in Las Vegas.