News Snapshot:
New Delhi: Fintech companies based in the Asia-Pacific (APAC) region raised $3.3 billion in over 186 deals in Q1 2022 — the most in any March quarter in the past three years, according to a report by S&P Global Market Intelligence. Indian fintech companies once again brought in the most money, accounting for 42% of the total amount invested and 34% of the total number of deals. Most of the funding was fueled by three firms — Pine Labs, Oxyzo and Credavenue, which raised over $100 million combined in Q1. The report said digital lending, which was the hardest hit...
