Fintech investments in Singapore up 69% in first 9 months of 2019

Singapore

FINTECH investments in Singapore for the nine months ended Sept 30 jumped 69 per cent, from US$435 million in the corresponding period last year to US$735 million.

Research by professional services firm Accenture has found, however, that the number of fintech deals fell by almost a third (29 per cent) from 133 to 94, pointing to there having been larger bets on fewer deals as startups grew their business.