Tag "fintech funding"
Global Funding Trends Indicate a Rebalanced Fintech Sector in 2024?
The year 2023 marked a pivotal moment for the fintech industry, with the prevailing global funding trends encapsulating a period of introspection and recalibration amidst a backdrop of economic fluctuations, including notable bank failures and precipitous cryptocurrency downturns. This era,
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Singapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
In the recent past, Singapore’s fintech sector has emerged as a beacon of innovation and growth within the ASEAN region. However over the past year, the fintech sector in Singapore, reflecting global trends, is currently experiencing a significant funding slowdown.
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2023’s Biggest Rounds of Fintech Funding in APAC
As we venture forth into the new year it’s worth reflecting back on 2023 to provide us clues on what 2024 might look like. To get a sense of APAC’s up-and-coming fintech leaders, we take a look today at some
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Fintech Momentum in Indonesia Continues to Gain Steam
Indonesia’s fintech sector has grown at a fast pace these past couple of years, driven by a dynamic startup ecosystem, supportive governmental initiatives to encourage innovation and help improve financial inclusion, as well as rapid adoption of digital financial services
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India’s Fintechs Are Ramping up on Acquisitions and International Expansions
2021 was a blockbuster year for global fintech funding, exits and unicorn minting, a trend that was also observed in the Indian fintech landscape where players raised a new record of US$6.9 billion, new data released by the Digital Fifth,
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Australia’s Thriving Fintech Sector Creates Jobs, Attracts Record Funding
Australia’s fintech industry is thriving, creating thousands of new positions, attracting record investment and turning on revenue streams quickly. These players are now expanding globally, turning to markets including the UK, the US, Singapore, Canada and Indonesia, according to the
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Indonesia Fintech Report and Map 2020
Indonesia has the world’s 16th largest economy and is the world’s fourth most populous country with 274 million people, out of these 84% below the age of 54. With Internet penetration standing at 67% and financial inclusion remaining a key
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Top 15 Fintech Funding Rounds in H1 2021 Exceed US$ 11 Billion
Fintech companies are having a record year 2021. In Q1’21, venture capital (VC)-backed fintech companies raised US$22.8 billion, making it the largest funding quarter since 2018, according to CB Insights. Fintech funding growth was global with nearly every continent recording
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Grab Financial’s Funding Represented 63% of Singapore’s Fintech Fundraising in Q1
In Q1 2021, Singaporean fintech companies raised a staggering S$656 million in equity funding, a 355% increase compared to the same period last year, data from the Boston Consulting Group (BCG) show. The large figure, which represents about 46% of
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Top 10 Fintech Funding Mega Rounds in Asia Pacific in 2021 so Far
Fintech funding significantly picked up this year and is estimated to have reached US$15 billion in Q1’21, data from CB Insights show. In Asia, fintech investments are projected to surpass US$2.6 billion, the region’s highest quarterly total since Q1’20. Driving
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