Tag "KPMG"

KPMG: Singapore AI Fintech Funding Up 77%, Defies Global Slump in H2 2023

Despite a global downturn in fintech investments, Singapore’s fintech sector has experienced a significant surge in funding for artificial intelligence (AI) technologies. According to the KPMG Pulse of Fintech H2’23 report, AI fintech funding in Singapore soared to US$333.13 million

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Digital Assets and Sustainable Finance Take Center Stage at Singapore Fintech Festival

At the Singapore Fintech Festival 2023, Ravi Menon, Managing Director of the Monetary Authority of Singapore, delivered an insightful address on fintech’s current and future direction. His speech thoughtfully reflected Singapore’s advancements in fintech since the previous year and a

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Singapore Hits Highest Fintech Funding in 3 Years, Crypto Snagged US$1.2 Billion

Fintech investments in Singapore witnessed a three-year-high of US$4.1 billion across 250 deals according to the KPMG Pulse of Fintech H2’22. 2022’s total deal value here saw a 22 percent increase, up from US$3.4 billion in 2021, and a 75

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Google Cloud Establishes Advisory Board for Its Point Carbon Zero Programme

Google Cloud has announced three key updates under the Point Carbon Zero Programme in today’s Singapore Fintech Festival 2022. Jointly launched with the Monetary Authority of Singapore (MAS) in July, the programme aims to catalyse the incubation and adoption of

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Singapore Fintech Funding Hits 3-Year High at US$2.14B, Payments Takes the Spotlight

Fintech funding in Singapore hit a three-year high in the first half of 2022 (H1’22) with US$2.14 billion, though still less than the US$2.51 billion recorded in the second half of 2021 (H2’21), according to KPMG’s Pulse of Fintech H1’22 report.

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KPMG to Accelerate Embedded Finance Adoption in Singapore With New Hub

KPMG announced plans to launch Singapore’s first embedded finance hub to provide incubation support to enterprises and financial institutions by matching participants across the industry and providing knowledge in specific areas of embedded finance. The hub is set to run

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KPMG: Singapore’s Fintech Investment Tops US$3.94 Billion, Crypto Takes Top Spot

Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021 according to the KPMG Pulse of FinTech H2’21 report. This is a 37 percent increase compared to 2020’s deal count with 139 deals and a 91 percent

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KPMG Pledges US$1.5 Billion Over the Next Three Years to Focus On ESG Efforts

KPMG plans to spend more than US$1.5 billion over the next three years specifically to focus on the Environmental, Social and Governance (ESG) strategy as outlined in “KPMG: Our Impact Plan”. The plan sets out a range of targets, including

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Singapore’s Fintech Deals Skyrockets to Its Highest in Three Years at US$614.2 Million

Singapore’s fintech industry has proven resilient with deal numbers for the first half of 2021 skyrocketing to its year-on-year highest in three years. A total of 72 deals amounting to US$614.2 million were transacted for Singapore fintechs from January to

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