KPMG

In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.

Singapore fintech deal activity rises amid declining investments in the first half of 2024, KPMG said Tuesday. The country's fintech deal count rose by 19 percent to 117 deals in the first half of 2024 from 98 deals in the second half of 2023, but total deal volume fell 34 percent to $522.89 million from $790.10 million amid economic uncertainties.

Asia-Pacific region has recorded the slowest pace of artificial intelligence (AI) adoption in financial reporting, KPMG said in a global survey Wednesday.

Artificial intelligence (AI) is already being widely adopted in companies' financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG.

Global investment in fintech sank to a five-year low of $113.7 billion across 4,547 deals in 2023 as investors pulled back from making large deals amid concerns about stubbornly high interest rates, conflicts in Ukraine and the Middle East, falling fintech valuations, and the parched exit environment, KPMG said Tuesday.

Singapore's fintech sector has witnessed an extraordinary surge in funding for artificial intelligence (AI) technologies, despite a global downturn in fintech investments, KPMG said Tuesday. The AI fintech funding in Singapore skyrocketed to an impressive $333.13 million in the second half of 2023, marking a significant 77 percent increase from the $148.08…

KPMG in Malaysia has agreed to collaborate with the Malaysia Digital Economy Corporation (MDEC) to accelerate the growth of high-potential Malaysian technology companies to become national unicorns by 2025.

Google Cloud has on Thursday launched a Climate Finance Accelerator with Monetary Authority of Singapore (MAS) and KPMG Singapore to provide climate fintech firms and startups with mentorship and funding opportunities to scale market-ready solutions.

A recent report published by audit and advisory firm KPMG and banking group HSBC has featured 10 potential unicorns in Malaysia that are poised to make a lasting impact on the global business landscape over the next decade. We take a closer look at these companies.

Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021, a 37 percent increase compared to 2020’s deal count (139 deals) and a 91 percent increase from 2019’s figures (100 deals), said a KPMG report on Tuesday.Total transaction value in Singapore also surged by 59 percent year-on-year at $3.94 billion, across venture capital (VC),…