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

Written by Media Outreach

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...

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