Asia leads global fintech investments as of July with 94% coming from China and Hong Kong

Briefing

Asia leads global fintech investments as of July with 94% coming from China and Hong Kong

December 15, 2016

Briefing

  • More than double investments – Investments in Asia Pacific financial technology firms reached $9.6 billion as of July 31, more than double the investments in 2015
  • Highest among regions – Asia Pacific investments surpassed North America's $4.58 billion and Europe's $1.85 billion though deal volume (192) is lower compared to North America (509) and Europe (230) respectively
  • Greater China concentration – China and Hong Kong made up 94% of Asia Pacific investments worth $9 billion
  • China's established firms – Made investments focused on online payments and lending, including peer-to-peer (P2P)

Accelerator

Sector

Financial Services, Information Technology

Source

Original Publication Date

August 24, 2016

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