Fintech investment in Asia drops dramatically
Saturday, 05 06 2017, Category: Technology, Country: Asia
Fintech investment in Asia dropped dramatically during the first quarter of 2017, according to a new report from KPMG.
In its latest Pulse of Fintech report, it was found that a lack of mega-deals in Asia, combined with a slowdown in investment in China, saw numbers fall.
With three of the top 10 global deals in fintech coming from Asia, Q1 saw Asian investment of US$492 million across 33 deals.
Source: Insurance Business