Business Daily Media

Men's Weekly

.

Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising interest rates and economic headwinds

KPMG Pulse of Fintech – H1'2023
  • Global funding in fintech dropped 17 percent to US$52.4 billion across 2,153 deals in H1'23, while Singapore H1'23 funding fell to US$934 million across 84 deals from H2'22
  • Singapore's artificial intelligence and machine learning fintechs attracted US$129 million in H1'23
  • Payments, crypto and AI deals demonstrated some resilience amongst fintech subsectors within Singapore
  • Americas sees fintech funding climb from US$28.9 billion in H2'22 to US$36.1 billion in H1'23 as investors enact protective measures to avoid down rounds
  • With US$8.2 billion of funding, global supply chain and logistics focused fintech funding surpasses previous annual record.

More Articles ...

  1. GCash banners overseas expansion in London Tech Week 2023
  2. NetApp’s Partner Sphere Program Addresses the Complex Demands of Today’s Flash and Cloud Customers
  3. KAUST and LONGi announce strategic collaboration to advance solar energy
  4. Citi Global Wealth Unveils Latest ULTIMA Credit Card Curated for Ultra-High Net Worth Clients as Spend Outpaces Pre-Pandemic Levels
  5. LINE TODAY Hong Kong Calls for Nominations for Its New LINE Legacy Food and Beverage Guide
  6. City of Dreams Hosts the First Ever Exhibition in Macao by World-famous Contemporary Artist Mr Doodle
  7. OctaFX celebrates 12 years of enhancing the global financial landscape
  8. Rentokil Initial’s Biogents BG-Counter 2 revolutionises mosquito control while safeguarding the environment
  9. LKF Summer Beat Music Festival 2023 Strikes a Harmonious Chord in Lan Kwai Fong
  10. World Bank continues to accompany Vietnam to develop green agriculture
  11. Shanghai, Homeland Once Upon a Time – Exhibition on Jewish Refugees in SH during WWII Launched in NYC
  12. China Business Knowledge White Paper Series: A Handbook for the Modern Entrepreneur
  13. BEST Express Malaysia Appointed as Tik Tok’s Logistics Partner
  14. Celebrate Singapore with iShopChangi's Unmissable Deals This August
  15. Chubb Promotes Chris Gough and Hayden Baker to Lead Property & Casualty Business in Asia and A&NZ
  16. Zuellig Pharma Singapore and GSK Establish Vaccine Distribution Hub to Improve Asia’s Access to Vaccines
  17. Job Loyalty Wanes: 80% of New Hires in Hong Kong Still Eyeing Other Job Opportunities
  18. Half of Malaysia on a Job Hunt – Who Will Be Left Behind
  19. Who Will Seize the New Opportunities - 56% of Filipinos Seeking A Job Switch
  20. 57% of Indonesia on a Job Hunt Right Now – Who Will Be Left Behind

News from Asia

Bangkok Design Week 2026 Sets the Stage as Asia’s Creative Hub

Uniting Networks from Over 17 Countries to Drive Cross-Border Collaboration and Sustainable Regional Growth BANGKOK, THAILAND – Media OutReach Newswire – 12 February 2026 - As design increasingly...

FutureOne MENA (FOM) and Dubai Multi Commodities Centre (DMCC) Forge Strategic Partnership to Accelerate Real World Asset (RWA) Tokenization and Establish a Wealth Corridor Linking the Middle East and Hong Kong

HONG KONG SAR - Media OutReach Newswire - 12 February 2026 – As real‑world asset (RWA) tokenization shifts from niche pilots to core infrastructure for institutional wealth management, it is redef...

Lever Style Reports Full Year 2025 Financial Results

Full Year 2025 Financial Results Summary US Tariffs wreaked havoc on industry in 2025; 2025 Revenues: $200.2 million down 10.2% while proactively managing down business from...

Cregis at Consensus Hong Kong 2026: Redefining the Standards of Digital Asset Operations with Enterprise-Grade Solutions

HONG KONG SAR - Media OutReach Newswire - 12 February 2026 - In February 2026, global attention across the blockchain and crypto industry once again converged on Hong Kong...

Melco attains world’s most Forbes Travel Guide Five-Star Awards in 2026 for any integrated resort operator

MACAU SAR - Media OutReach Newswire - 12 February 2026 - Melco Resorts & Entertainment proudly announces it has achieved historic leadership position in the newly published 2026 Forbes Travel...

Vingroup and Vinhomes named to Time’s Asia-Pacific’s Best Companies of 2026

HANOI, VIETNAM - Media OutReach Newswire - 12 February 2026 - Vingroup and Vinhomes have been recognized by TIME (USA) in the ranking of ASIA-PACIFIC'S BEST COMPANIES OF 2026, placing both compan...

Vinhomes Green Paradise Can Gio, new Standard for Coastal Urban Governance

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 12 February 2026 - The 21st century is no longer measuring cities by height or GDP growth, but by their capacity to anticipate, absorb, and re...

Trendy Toys Gather at Trendy Temple Fair: Come and Enjoy the Chinese New Year in Chaoyang

BEIJING, CHINA - Media OutReach Newswire - 12 February 2026 - When you think of the Chinese New Year, lively lion dances and vibrant red lanterns surely come to mind. But this time, in Beijing's C...

China’s "Space Town" Takes Shape: Rocket Launches Drive Industrial and Tourism Growth

WENCHANG, CHINA - Media OutReach Newswire - 12 February 2026 - China recently launched a Long March-12 carrier rocket from Wenchang, successfully sending the 19th group of low-orbit internet satel...

An Encounter with China: Chinese New Year in Paris: Nanjing Intangible Cultural Heritage Shines

PARIS, FRANCE - Media OutReach Newswire - 12 February 2026 - On February 10, the day of China's Little New Year, An Encounter with China: Chinese New Year was held at the UNESCO Headquarters in Pa...

Psychosocial injury risk starts inside workplace microcultures

Psychological injury is now one of the most expensive categories of workers compensation claims in Australia, with Safe Work Australia reporting t...

2025 Thryv Business and Consumer Report - Australian small businesses show grit under pressure

Australia’s small businesses are powering ahead with optimism, resilience and discipline, however, mounting pressures on costs, wellbeing and cons...

Security by Default: Why 2026 Will Force Organisations to Rethink Cloud and AI

financial accountability to how they run cloud and AI, according to leading Australian systems integrator, Brennan. Based on customer insights...

UNSW launches plan to help Aussie startups scale overseas

UNSW Launches Global Innovation Foundry to Scale 100 Australian Startups Internationally New initiative provides startups and spinouts with direc...

Payroll Under Pressure: Why Mid-Sized SMEs Struggle to Keep Pay Accurate

A year after wage theft reforms came into effect, Australian businesses have increased their focus on payroll compliance, but confidence in pay accu...

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...