Singapore S Fintech Investment Recovered Strongly In H1 As The Singapore’s fintech deal count rose by 19 percent to 117 deals in h1'24, but total deal volume fell 34 percent to us$522.89 million in h1'24 amid economic uncertainties. investment in cryptocurrency and blockchain in singapore surged 22 percent to us$211.90 million across 72 deals. global payments accounted for the largest proportion of fintech investment in h1’24, attracting us$21.4. Fintech funding in singapore collapsed last year despite deal activity reaching a new record of 110 transactions. however, if we take out the sea limited’s $1.4bn investment from the funding figures in 2019, total capital invested actually increased yoy in 2020. taking this into account the $1bn in funding raised in h1 2021 is even more.
Singapore S Fintech Investment Recovered Strongly In H1 As The Singapore's fintech investment recalibrated to us$1.3 billion in 2024, in line with global shifts toward sustainable growth. crypto and blockchain investment increased 22 percent in h2'24 to us$267 million, driven by ai integrated solutions. ai powered fintech surged, with investment jumping from us$24 million in h1'24 to us$160 million in h2'24, reflecting demand for regtech and automation. Singapore’s fintech market demonstrated remarkable resilience and adaptability in the first half of 2024, despite a global decline in fintech investment, according to kpmg’s pulse of fintech report for h1 2024 seen by business news asia. deal activity in singapore surged by 19%, reaching 117 deals across venture capital (vc), private equity (pe), and mergers. In 2024, singapore’s fintech landscape continued its dynamic expansion, reinforcing the country’s position as a leader in payment innovation, digital banking and digital asset management. the 2024 singapore fintech report, produced by fintech news singapore under the support of visa direct. Despite a more cautious investment climate, fintech deal values surged 41% in h2 2024 to us$781 million, signalling a shift toward high value, early stage investments. ai powered fintech saw a particularly strong rebound, with funding climbing sharply from us$24 million in h1 2024 to us$160 million in h2 2024. regulatory technology ( regtech ) and business automation solutions drove much of.
Singapore S Fintech Investment Recovered Strongly In H1 As The In 2024, singapore’s fintech landscape continued its dynamic expansion, reinforcing the country’s position as a leader in payment innovation, digital banking and digital asset management. the 2024 singapore fintech report, produced by fintech news singapore under the support of visa direct. Despite a more cautious investment climate, fintech deal values surged 41% in h2 2024 to us$781 million, signalling a shift toward high value, early stage investments. ai powered fintech saw a particularly strong rebound, with funding climbing sharply from us$24 million in h1 2024 to us$160 million in h2 2024. regulatory technology ( regtech ) and business automation solutions drove much of. The h1 2023 tally marks a three year low for singapore, and fintech funding “has yet to fully correct from the pandemic funding surge that began in h2 2019”, the advisory firm said. funding is still well above the us$344 million across 70 deals recorded in h1 2019. Singapore is leading with fintech funding further strengthening its position as southeast asia’s leading fintech hub, according to a report by traxcn. in 2024, it contributed $995 million in funding, significantly outrunning regional competitors, jakarta and bangkok, which raised $242 million and $198 million, respectively.
Singapore S Fintech Investment Recovered Strongly In H1 As The The h1 2023 tally marks a three year low for singapore, and fintech funding “has yet to fully correct from the pandemic funding surge that began in h2 2019”, the advisory firm said. funding is still well above the us$344 million across 70 deals recorded in h1 2019. Singapore is leading with fintech funding further strengthening its position as southeast asia’s leading fintech hub, according to a report by traxcn. in 2024, it contributed $995 million in funding, significantly outrunning regional competitors, jakarta and bangkok, which raised $242 million and $198 million, respectively.
Home Singapore Fintech