Funding
Ant Financial Makes up 83.3% of 2018’s Total Fintech Funding in Asia So Far
In 2017, a grand total of US$38.1B had been poured into the fintech industry according to KPMG Pulse of Fintech report and of their 2017 figures, KPMG noted that both insurtech and blockchain saw record-setting levels of venture capitalist (VC) investment,
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Fintech Investments Soar To Record-Breaking US$57B and 2018 Ain’t Over Yet
The fintech industry has achieved a new milestone recently. According to the KPMG Pulse of Fintech report, Global fintech investment roared ahead at a record pace in the first half of 2018, with US$57.9B invested across 875 deals. This value is
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Temasek Singapore Ramps Up Fintech Investments
Singapore state investor Temasek is betting big on fintech. Nearly half of the company’s new investments of S$29 billion made during the financial year ended March 31, 2018, went into technology, life sciences, agribusiness, consumer and non-bank financial services. Temasek
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Top 15 Most Well-Funded Southeast Asian Fintech Companies
The financial services industry in Southeast Asia is rapidly evolving as a result of disruption from new-age fintech companies. The rapid adoption of fintech innovation in the region has been fueled by the rapidly expanding expanding economies, young-urban-digitally-savvy population, increasing
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Credit Score Solution Provider CredoLab Raises US$1 Million
CredoLab, a fintech provider of highly predictive, mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced it has closed a US$1 million investment from established global venture capital firm Walden International. CredoLab utilizes its proprietary mobile application, CredoApp, to extract
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New Singapore Lending Player: Helicap Funded by Former Minister of State
Helicap, a FinTech start-up operating in the fast-growing alternative lending space in South-East Asia and Australia, announced that it has successfully closed US$1.5 million in seed money. The round is led by Singapore’s former Minister of State and the Chairman
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