Tagged: Fintech funding

June 30, 2020 @ 10:45 pm By Omar Faridi  |  

UK-based Fintech firms may be forced to shut down due to COVID-19 and resulting socio-economic challenges. Most Fintechs in the UK have reportedly not received the assistance they need from the nation’s government, according to a recent survey published by Innovate Finance. Fintechs with 25… Read More

June 30, 2020 @ 12:57 am By Omar Faridi  |  

Digital technology startups need venture capital or some other type of reliable funding to grow and expand their operations. Several foreign investors have been supporting Indonesian startups which are a critical part of the trillion-dollar economy. Investors have been investing in selected qualified Indonesian start-ups,… Read More

June 23, 2020 @ 7:58 am By Omar Faridi  |  

Singapore’s Fintech firms continue to attract substantial investments, despite the global COVID-19 outbreak and resulting socio-economic challenges. Singapore Fintechs have been able to secure a total of $650 million in capital so far this year, which notably includes a record high of $462 million in… Read More

June 19, 2020 @ 12:30 am By Omar Faridi  |  

Asia’s Fintech industry has been negatively affected due to socio-economic challenges resulting from the COVID-19 outbreak. There’s reportedly been a significant decline in the number of financial technology deals closed. The amount of venture capital acquired by Fintechs in the Asia-Pacific (APAC) region dropped 58.5%… Read More

June 18, 2020 @ 1:15 am By Omar Faridi  |  

  A record $1.8 billion was invested in Israel’s Fintech sector in 2019, which represented a 107% increase compared to 2018 when financial technology firms attracted $800 million in total investments. Israel is currently ranked fifth, globally, in terms of total Fintech investments, according to… Read More

June 3, 2020 @ 9:54 pm By Omar Faridi  |  

Venture capital investments have been increasing steadily in Latin and South America, Southeast Asia, and India. Last year was particularly notable because of considerably more venture investments allocated towards emerging private capital markets, including Southeast Asia, Latin and South America, India, Central Eastern Europe, and… Read More

May 18, 2020 @ 12:12 am By Omar Faridi  |  

A recent report from VC research firm, Ana.vc, reveals that there was a significant 57% decline in total funding allocated to digital assets and Fintech-focused projects during April 2020. Although there has been a considerable decline in cryptocurrency-related investments, the decentralized lending sector seems to… Read More