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Singapore fintech investments double in 2018

Republic is the Asia-Pacific's fifth largest fintech market by funds raised. Globally, investment in fintech ventures also doubled, mainly due to a funding surge in China

Published Thu, Feb 28, 2019 · 09:50 PM

Singapore

FINTECH investments in Singapore more than doubled to US$365 million last year, up from US$180 million the year before, placing the Republic among the top five fintech markets by funds raised in the Asia-Pacific last year.

An analysis by Accenture noted, however, that within the region, Singapore lags behind Australia, China, India and Japan.

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