The Business Times
SUBSCRIBERS

Funding for Asean fintechs surging, with Singapore getting lion's share of outfits

Asean as an engine of economic growth and its prosperity have caught the eye of global investors

    Published Thu, Nov 16, 2017 · 09:50 PM
    Funding rise

    Singapore

    FUNDING for fintechs in Asean is surging, fuelled by the potential of the region's young and underbanked population.

    Reflecting Asean's demographics, payments and mobile wallets are attracting the highest level of funding in Asean, registering a 10-fold increase from US$8 million in 2012 to US$83 million in 2015, according to a State of FinTech in Asean report.

    AseanFintechUOBSingapore FinTech Festival 2017

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More