Modern Australian
The Times

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.

Read more: Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising...

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. Coca-Cola® Teams Up with Asian Superstar, Win Metawin; Launches Latest Campaign ‘A Recipe for Magic’ In Asia
  13. AXA partners with GoGoX to co-create technology platform x insurance new model
  14. Ben Carey to Join Chubb as Head of Field Operations, Asia Pacific
  15. The 12th Beauty and Lifestyle Expo and Global Beauty and Lifestyle Summit Successfully Held, Emphasizing the Importance of Compound Interest Thinking
  16. Malaysia Raises the Bar as a Top Healthcation Destination
  17. Learn Smart Education Center Initiates "Save the Affected Teachers and Students Action"
  18. The Oval Partnership to Exhibit at Singapore Night Festival 2023
  19. Celebrate National Day with Shopee’s 8.8 National Day Sale
  20. Celebration of Casablanca’s 30th anniversary

Nearly 1,300 NSW Hospital Beds Are Occupied By People Who Are Ready To Go Home

1,276 people in NSW hospitals have been medically cleared for discharge but remain in hospital because they're still waiting for NDIS or aged care sup...

National Survey Launched to Measure Operational Impacts of Federal NDIS Policy Reforms

The effects of recent NDIS reforms are beginning to move beyond policy papers and into day to day service delivery. A new national survey is asking ...

Beyond the Nappy Cake: Baby Shower Gifts That Get Used

What new Australian parents unwrap, keep, and quietly thank you for months later. Six weeks after my daughter was born, I did an audit of the baby sh...

Parent-Advocates Are Reshaping Frontline Disability Service Delivery

Parents have always been part of the disability sector. They advocate, coordinate services, challenge decisions and often become the person holding ev...

Vista Cruises Enters "Two-Flagship Era" as Vista Aurora Completes Inaugural Voyage

Vista Aurora Sets Sail along the Yangtze. (Photo courtesy of the company)YICHANG, China — August 5, 2026 — Vista Aurora, a high-end interprovinc...

A Digital Preparation Checklist For International Medical Conferences

An international medical conference compresses many responsibilities into a few days. A delegate may need to present research, move between venues, ...

The Growing Popularity of Lab Grown Diamonds in Sydney and Hong Kong

The diamond industry has changed significantly in recent years as more buyers seek ethical, affordable, and sustainable alternatives to mined diamon...

Modern AI SEO Agency vs Traditional SEO: What’s the Difference

Search engine optimisation has changed dramatically over the past few years. Search engines have become smarter, user behaviour has evolved, and bus...

Caravan Travel for Modern Australian Getaways: Plan a Comfortable Holiday

A family road trip is one of the best ways to explore Australia together. And, travelling by caravan gives you the freedom to take your time, stop a...

Mini Excavator and Trailer Package for Sale: What I Buy as One Deal in 2026

The first client who asked me for a mini excavator and trailer package for sale wasn’t trying to save a few hundred dollars on shipping. They we...

Make Dad a Guest in His Own Home This Father’s Day

Father’s Day can accidentally turn Dad into the unpaid event manager of his own celebration. He lights the barbecue, finds extra chairs, checks wh...

Where to Enjoy Your Off-Road Caravan on the Gold Coast

With a caravan, you can travel anywhere and everywhere without battling the rush of the peak holiday season or last-minute reservations. While the r...

How Osteopathy Supports Recovery from Sciatica and Nerve Pain

Sciatica isn't just annoying. It's genuinely painful. It sits deep in your glute and shoots straight down the back of your leg. It turns something as...

The Winter Jewellery Edit: Five Pieces You'll Wear All Season

As wardrobes shift to cosy knits, tailored coats and rich seasonal textures, jewellery becomes the finishing touch that pulls every winter outfit to...

7 Signs It's Time to Upgrade Your Piston Air Compressor

If you run a workshop, panel shop, or fabrication business anywhere around Perth, you already know what heat and dust do to equipment over a few sum...

How Long Do Bathroom Renovations Melbourne Take? Step-by-Step Process Explained

Planning a bathroom renovation is exciting, but one of the biggest questions homeowners ask is, "How long will it take?" While every project is uniq...

Why Your Skin Breaks Out: The Science of Acne Explained

Acne is the most common skin condition in the world. An estimated 85% of people experience it at some point between the ages of 12 and 24, and a gro...

10 Swimwear Trends Australian Women Are Wearing This Summer

Every Australian summer brings a fresh wave of swimwear trends, but some styles have much greater staying power than others. While fashion constantly ...