News Snapshot:
With a strong interest in companies specialising in blockchain and artificial intelligence, India-based investors were a distant second in providing funding to fintech in Asia-Pacific after the US in 2021, a report said on Wednesday. According to the S&P Global Market Intelligence research, US investors, led by venture capitalists, funded 358 fintech companies in the Asia-Pacific region in 2021, up from 134 in 2020. India also attracted the most funding in the region, with $5.94 billion raised across 236 deals in 2021, up from $1.5 billion across 118 deals in 2020. "Venture capital funding reached new highs in 2021, with...
