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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

Annabeth Leow

Published Fri, Jun 19, 2020 · 09:50 PM

    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.

    FintechMonetary Authority of Singapore

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