Singapore fintechs ate up 51% of funding in ASEAN as of Q3

Submitted By:  Staff Reporter Case Study:  No Singapore Life’s $150.39m funding was amongst the year’s notable deals. Singapore’s financial technology (fintech) firms attracted the lion’s share fintech funding in Southeast Asia, or 51% of the $1.55b (US$1.14b) funds garnered by the region’s countries by the end of Q3 2019, a report by United Overseas Bank (UOB), accounting firm PwC, and Singapore Fintech Association (SFA) revealed. Singapore also attracted the lion’s share of the total number of funding deals in the region, at 51%. read more