News Snapshot:
New Delhi: Fintech companies in the Asia-Pacific (APAC) region raised $3.33 billion over 186 deals in the first quarter (Q1) of 2022, dominated once again by India-based fintechs, a new report said on Monday. Geographically, India-based fintechs dominated funding in APAC, accounting for 42 per cent and 34 per cent of total deal value and volume, respectively, in the region. According to S&P Global Market Intelligence, fintech companies based in APAC surpassed previous deal values and volumes observed in the March quarter over the past three years. Compared to Q1 2021, the figure reflects a 44 per cent increase in...
