Fintech Investments in Asia Pacific Surged 9.1% to $1.four Billion throughout Q2 2020, as Buyers Shift Focus from India to Australia, Different Areas: Report


Source: fintechzoom.com fintechzoom.com

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Investments in personal Fintech companies based mostly within the Asia-Pacific elevated by 9.1% to $1.four billion throughout Q2 2020, when in comparison with Q1 2020, in accordance with a report from S&P World Market Intelligence. The Q2 APAC Fintech Funding Report (launched on August 25, 2020) notes that Fintech investments in India dropped by 38% to $339 million throughout Q2 2020. This, because the Indian authorities continued to “scrutinize and clamp down on foreign investments,” the report famous. As coated in early August 2020, roughly $1.47 billion was invested into companies working within the Fintech sector in India between January...