Singapore’s Fintech industry has proven resilient with deal numbers for the first half of 2021 (1H 2021) growing highest in three years (year-over-year) since the first half of 2018, according to a new study by KPMG.
The annual ranking of the fastest growing APAC companies in technology sees eight SEA companies being listed, though China remains the lead nation.
Shopee’s growth coincides with them successfully raising US$575 million in June 2018.
Platform now powers customer engagement for three of Indonesia’s four unicorns - Traveloka and Tokopedia being the other two.
Lazada, Shopee, and 11street are Malaysia’s three most visited e-commerce platforms.
Was Indonesian Finance Minister (2010-2013) and Indonesian Central Bank governor from 2013 until May 2018.
Most visited e-commerce platforms on desktop and mobile web in Malaysia and SEA in 2018.
Round was led by SoftBank Vision Fund and Alibaba Group.
A bigger talent pool of internet economy professionals is needed to realise the industry’s full potential.
Gobi-Agung Fund venture partner Arya Masagung encourages companies to start at home but think global.