Investments in private fintech up 9.1% to US$1.4b in 2Q


“Fintech funding in Asia was predominantly led by Southeast Asia and Australia, with both regions drawing in US$455mil and US$369mil, roughly three-times and two-times the amount raised in the previous quarter, respectively, ” it said.

KUALA LUMPUR: Southeast Asia and Australia took the lead to draw in the most investments in private financial technology (fintech) companies in Asia-Pacific, according to S&P Global Market Intelligence.

In its report issued on Tuesday, it said investments grew by 9.1% to US$1.4bil in 2Q 2020 when compared with 1Q.

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