Chia Tek Yew
KPMG Pulse of Fintech report sees investment in Asia hit US$16.8bil across 162 deals in 1H18, with China and India dominating the top 10 deals.
Q1 tally of US$49.3 billion invested worldwide.
Singapore fintech funding hits a record high of US$229.10 million in 2017.
Asia Pacific on the rise, with 30 companies from the region featured on the list,
Asia fintech investment rises to over US$1bil for the first time.
Total global funding to fintechs doubles over 1Q17 to US$8.4 billion; Fintech investment in Singapore increases despite continued decline in deal volume.
VC investment in Asia skyrockets, reaching US$12.7 billion; China rebounds from 1Q17 with resurgence of mega-deals.
2016 experienced a decline in the market with a 47.2% slide in fintech investment, according to KPMG International’s The Pulse of Fintech.
Investors continued to take a much more cautious approach to fintech investments this year.
Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, on Oct 24 announced its list of the world’s leading fintech innovators, the 2016 Fintech 100.