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
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think