Tagged: globaldata

Startups in India Secure $19.3B in Venture Capital Funding During Jan-Oct 2022, Report Reveals

A total of 1,456 venture capital (VC) funding deals worth $19.3 billion were announced in India during January to October 2022, which is a 7.5% growth in deal volume but 29.8% decline in deal value compared to the same period last year,” finds GlobalData, a… Read More

Temasek Investments in Cloud, IoT, Other Deals Suggest “Minimal” Impact of FTX Write-off, GlobalData Claims

The bankruptcy of cryptocurrency exchange FTX has “highlighted the risk of crypto investment with a number of investors having to write off their losses” including Singapore state investment firm Temasek Holdings (Private) Ltd. The company recently announced that “it would write off $275 million invested… Read More

128 Indian Startups Raise $995M+ VC Funding in August 2022: Report

Amid the funding winter, 128 Indian startups have managed to “raise $995.1 million in August 2022, which is a 9.7% growth compared to the previous month,” reveals GlobalData, a data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although the total VC funding… Read More

Card Payments in Taiwan to Increase by 6.2% in 2022: Report

The Taiwanese card payments market will “grow by 6.2% in 2022 to reach TWD3.5 trillion ($127.5 billion), as the country’s economy gradually recovers from the COVID-19 pandemic,” forecasts GlobalData, a data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments… Read More

UK Venture Capital Activity Hits New Low in August, Report Reveals

The UK happens to be the “top” European market and is also one of the key global markets for venture capital (VC) funding, according to an update from GlobalData. However, it has been “experiencing a subdued funding activity in the recent months with monthly VC… Read More

Card Payments in New Zealand to Increase at 5% CAGR between 2022 and 2026: Report

The New Zealand payment card market is expected to “gradually recover” from the COVID-19 pandemic to register a compound annual growth rate (CAGR) of 5.0% “between 2022 and 2026 and reach NZ$98.0 billion ($67.1 billion) in 2026,” forecasts GlobalData, a data and analytics company. According… Read More

Report Says Global Investment in Insurtech Evaporated in 2021. What about 2022?

While so much of Fintech boomed during the height of the COVID health crisis due to lockdowns, social distancing, and a rise in shopping online, Insurtech is one area of Fintech that fortunes sagged, at least according to GlobalData’s numbers. According to their research, in… Read More

Card Payments in Malaysia to Increase by Over 15% in 2022: Report

The Malaysian card payments market is “set to record a robust growth of 15.2% in 2022, supported by the gradual rise in consumer spending, government’s financial inclusion measures, and increasing preference for contactless payments,” forecasts GlobalData, a data and analytics company. According to GlobalData’s Payment… Read More

Cryptocurrency Sentiments Lowest in 12 Months, GlobalData Report Reveals

  Business sentiment towards cryptocurrencies as a “theme” declined by 8% in Q2 2022 verses Q1 2022, according to the Company Filings Analytics Database by GlobalData. The data and analytics company notes that crypto’s sentiments “have been on the downtrend since Q4 2021.” As part… Read More

NFTs: OpenSea Data Breach Highlights NFT Security Vulnerabilities, Report Reveals

Following the news that non-fungible token (NFT) marketplace OpenSea had suffered a data breach, Kaleb Ells, Analyst on the Thematic Team at GlobalData, a data and analytics company, noted: “This mass data breach highlights that OpenSea is not yet providing the security fundamentals that are… Read More

Real-Time Payments “Evolution” Underway as APAC Seeks Growth Frontiers: Report

Asia-Pacific is getting ready for the next phase of its real-time payments journey as the region’s key service providers look for new growth opportunities and prepare “to enter the next stage of their real-time payments development.” This, according to the third edition of Prime Time… Read More

BNPL: Buy Now Pay Later Expected to “Disrupt” Consumer Payments in Australia, Report Reveals

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

Bitcoin #1 on Social Media’s Top 10 Most Popular Cryptocurrencies List

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

2022 To Be Marked By Super Apps, Open Data, Generation Hashtag: Analyst

Super apps, openness in customer data ownership, and Generation Hashtag will be key topics in fintech in 2022, according to GlobalData’s Tech, Media, & Telecom (TMT) Predictions 2022. GlobalData thematic analyst Amrit Dhami said while mobile commerce is leading to the development of super apps… Read More

Bitcoin Analysts See Good, Bad Behind Recent Bitcoin Price Hikes

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

Use Cases for NFTs Growing: GlobalData Report

While at the beginning NFTs were predominantly used by artists to claim the ownership and novelty of their digital creative work, the uses for the digital tokens are growing, a new report from Global Data suggests. Companies are now filing NFT-related patents to secure their… Read More

Traditional Financial Services Competing With Digital Upstarts for Mass Affluent: GlobalData

Traditional financial managers for the mass affluent better keep up with the times or they’ll risk losing those commissions, research from GlobalData suggests. Digital finance has developed a range of solutions for people from all wealth categories, including those at the top. Those services offer… Read More

GlobalData Predicts Blockchain Unicorns

GlobalData believes it has a good idea of who the next blockchain unicorns will be. The company used its Unicorn Prediction Model to produce a list of 25 startups with the potential to exceed a $1 billion valuation. GlobaData looked to its scorecard of 10,000… Read More

Singaporean Government Driving QR Code Payment Methods

QR codes are helping Singapore continue on its road to a cashless society, data and analytics company GlobalData believes. Blessed with a strong payments infrastructure system, Singapore has both POS and QR code payment capability, and the latter is becoming a more trusted and preferred… Read More