Tag "fintech funding"

Australia Saw Over 100 New Fintechs in 2020 as The Sector Matures

Australia is home to 733 active fintech companies, up from 629 in September 2019, reveals KPMG’s Fintech Landscape 2020 map. This represents an increase of 104 companies that joined the sector between September 2019 and December 2020. The infographic, released

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Fintechs Have Raised US$ 2 Billion in Mega Rounds in January Alone

January 2021 has been a blockbuster month for fintech fundraising, with at least 13 mega-rounds worth US$100 million or more so far this month. These secured a combined US$2,746 million of funding. The figure excludes funding rounds that are below

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Investors Bullish on Indonesia’s Fintech Sector

Fintech continued to lead Indonesia’s startup funding landscape in 2020, making up for most of the money raised that year, ahead of software-as-a-service (SaaS) and e-commerce. 2020 marked the fourth year where fintech dominated the amount of funding in the

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5 Stories that Shaped Fintech in Singapore in 2020

Despite global turbulences caused by COVID-19, the Singapore fintech industry remained resilient in 2020 on the back of new favorable rules, fintech initiatives from the government, and increased demand for digital solutions. Over the past five years, the Singapore fintech

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Indonesia Fintech Report and Map 2020

Indonesia has the world’s 16th largest economy and is the world’s fourth most populous country with 274 million people, out of these 84% below the age of 54. With Internet penetration standing at 67% and financial inclusion remaining a key

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A Booming Fintech Investment and Exit Landscape in South East Asia

Since 2015, foreign investment into Southeast Asia’s fintech companies has grown seven times, according to The Future of Fintech in Southeast Asia report by Dealroom, Finch Capital and MDI Ventures. Foreign investors’ surging participation in the Southeast Asian fintech sector

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5 of Vietnam’s Top Funded Fintechs

Fintech development is accelerating in Vietnam with companies in the sector attracting US$117 million last year, the maximum funding in Vietnamese startups in 2018. Fintech surpassed e-commerce at US$104 million and other sectors, according to funding data by local accelerator

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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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Latest Fintech Funding Deals In Singapore

In 2017, Singapore hit US$229.1 million of fintech funding, a record mainly attributed to two of Asia’s ten biggest deals taking place in the city-state in the fourth quarter. The deals are the acquisition of Paynear Solutions by e-commerce startup

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11 Recent Fintech Fundings in Singapore, Hong Kong, India and other Southeast Asia countries

In 2016, a total of US$23.5 billion was invested into fintech globally, with Asia Pacific receiving more than half of the amount (US$14.8 billion), according to Startupbootcamp. While China and India continue to dominate the region as the largest fintech

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