Investments in private fintech up 9.1% to US$1.4bil


According to the Q2 Asia Pacific fintech funding report, deal activity remained flat in the region, with 107 transactions recorded in both quarters

PETALING JAYA: South-East Asia and Australia took the lead in drawing in the most investments in private financial technology (fintech) companies in Asia-Pacific, according to S&P Global Market Intelligence.

In its report issued yesterday, it said investments grew 9.1% to US$1.4bil in the second quarter of 2020 (Q2) when compared with Q1.

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