News Snapshot:
After underwhelming performances in 2020, fintech funding in Southeast Asia regained some of its strength in 2021, a dynamism that remained in Q1 2022. During the first quarter of the year, Southeast Asian fintech companies raised a total of US$1.4 billion, a sum that represents a 16.7% year-on-year (YoY) increase, data from Dealroom show . Venture capital investment in fintech in Southeast Asia, Source: Dealroom, 2022 Combining Dealroom’s data with a S&P Global Market Intelligence May 2022 report shows that Southeast Asia made up about 40% of total fintech funding in Asia-Pacific (APAC) in Q1 2022, showcasing the region’s vibrancy....
