Asia-Pacific fintech funding in Q3 hints at nascent recovery: S&P, Banking & Finance


Source: businesstimes.com.sg businesstimes.com.sg

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By signing up, you agree to our Privacy Policy and Terms and Conditions . Your feedback is important to us Tell us what you think. Email us at Added Ms Goh: "Nearly half of the large transactions with new investors took place in the third quarter, a promising sign that the funding environment for private fintechs in Asia-Pacific is on the mend." In particular, Singapore-based fintechs drew in a combined US$167 million in Q3 2020, up 56 per cent from the previous quarter, Ms Goh told The Business Times. Payment companies accounted for the bulk of the funding, with cross-border...