By deal value, the republic saw its global market share double to 6.4% in the 2Q2022 from 3.1% of global deal value for fintech in FY2021.
Singapore, followed by its adjacent Southeast Asian (SEA) markets, is bucking the trend as global fintech funding faces a period of correction after a record 2021.
According to figures released by KPMG on July 13, Singapore has doubled its global share in the fintech industry.
