News Snapshot:
India continues to be the champion in fintech investments in the Asia-Pacific region, raising $5.94 billion across 236 deals in 2021, said a report. The country also pulled in higher funding in 2020, with $1.50 billion raised across 118 deals. According to the ‘APAC Fintech Funding Report’ released by S&P Global Market Intelligence, venture capital investments in Asia-Pacific-based fintechs ballooned to a new high of $15.69 billion in 2021, more than a two-fold jump from the prior year’s $5.87 billion. In India, payment companies attracted the most funding, accounting for 45% of the total transaction value in 2021. The top...
