H1 investment in Singapore-based fintech firms up 19%
More investments made in mid-stage fintech companies - Series C or later - than in seed and early-stage funding, data shows
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Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
INVESTMENT in Singapore-based financial technology (fintech) firms spiked year on year in the first six months, on the back of a surge from deals in April and May this year.
Equity funding hit S$462 million in the period to June 15, up 19 per cent on the first half of 2019, according to industry data out on Friday.
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