Key Singaporean FinTech investment stats in H1 2023:
• Singaporean FinTech companies raised a combined investment of $1034m in H1 2023, a 14% drop YoY
• Singaporean FinTech deal activity reached 84 deals in H1 2023, a 27% decrease from H1 2022
• Singaporean FinTech deal activity is expected to reach 168 deals in 2023
Singaporean FinTech deal activity is on track to...
Industry Research
Lending Technology sees continued investment in Q2 2023 despite global interest rate increase
Key Global Lending Technology investment stats in Q2 2023
• Lending Technology deal activity reached 126 deals in Q2 2023, a 22% drop YoY
• Lending Technology companies raised a combined $554m in Q2 2023, a 67% drop from Q2 2022
• The USA was the most active Lending Technology country with 61 deals Lending Technology companies globally completed 126 funding rounds in...
With summer in full swing, the FinTech industry has seen a quiet week on the frontlines, with a relatively small amount of $416.3m raised in total. The biggest raise of the week came from cyber risk platform Resilience, who scored $100m in a Series D raise. CyberTechs saw the biggest amount of raises this week, with seven cyber-focused firms bringing...
Coinrule has launched a revolutionary AI marketplace designed to empower investors to trade with ease.
Commercial/Enterprise Insurance
Praxent, Insurance Systems link to deliver custom digital experiences for insurers
InsurTech Praxent has revealed it has partnered with Insurance Systems Inc. to offer custom digital experiences for insurers.
Wells Fargo Home Lending has announced that it will offer $10,000 Homebuyer Access grants to help bridge the homeownership gap.
The Reserve Bank of India has set out plans for the development of AI-powered "conversational" payments on the country's UPI system.
Diligent recently took the opportunity to outline key steps to help firms' boards prepare for cyber risks and regulations.
The digital transformation of KYC activity has offered asset managers create more efficient onboarding processes in a market with increasing demands to manage risk.
Generative AI has made its mark as a principal concern among enterprise risk executives in Q2 2023, based on Gartner's latest report.
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