News Snapshot:
This article first appeared in Personal Wealth, The Edge Malaysia Weekly, on August 31, 2020 - September 06, 2020. - A + A Investments in private financial technology (fintech) companies in Asia-Pacific grew 9.1% quarter on quarter to US$1.4 billion (RM5.8 billion) in 2Q2020, according to the latest APAC Fintech Funding Report by S&P Global Market Intelligence released on Aug 25. Fintech funding in the region was led by Southeast Asia and Australia, with the regions drawing in US$455 million and US$371 million respectively, more than double the amount raised in the previous quarter. Deal activity, however, remained flat, with...
