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SINGAPORE FINTECHS

Funding eludes the 'middle-kid' fintechs

But corporate and private-equity investors have stepped up, providing 45% of VC investments in Asia in Q3: KPMG
Wednesday, November 16, 2016 - 05:50

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At the FinTech Festival at Fusionopolis, 23 financial institutions opened their fintech labs and innovation centres to visitors. Two UOB-linked venture capitalists, for example, were courting investors.

Singapore

CALL it the middle-kid syndrome.

Financial technology companies (fintechs) that are gaining significant heft, but are still not mature, are battling a funding gap.

To close the gap, KPMG and UOB hosted a session on Tuesday at which venture capitalists (VCs) made

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