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Venture Capital

Asian VC Fintech Investments Reach $2.7B

by scmp.com posted 1year ago 565 views
Mammoth deals in mainland China, Hong Kong and India lifted the total funding raised by venture capital-backed financial technology start-ups in Asia to $2.7 billion across 67 transactions in the second quarter. That was up from $1.6 billion generated across 55 transactions in the same period last year, and marked the highest number of fintech deal activity in Asia for the past five quarters.