Tag "fintech funding"
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$2.6 billion, the region’s highest quarterly total since Q1’20. Driving
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Australia Saw Over 100 New Fintechs in 2020 as The Sector Matures
Australia is home to 733 active fintech companies, up from 629 in September 2019, reveals KPMG’s Fintech Landscape 2020 map. This represents an increase of 104 companies that joined the sector between September 2019 and December 2020. The infographic, released
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Fintechs Have Raised US$ 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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