KPMG : global investment in fintech sinks to a five-year low of $113.7 billion across 4,547 deals in 2023

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.

KPMG : Singapore’s AI funding soars 77 pct to $481.21M in 2023 across 24 deals

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 joins MDEC to grow Malaysia’s next generation of unicorns

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 launches Climate Finance Accelerator with MAS and KPMG Singapore

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.

KPMG-HSBC report spots 10 potential unicorns in Malaysia: here’s a closer look

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.

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Singapore’s fintech investment tops $3.94B in 2021 as interest in crypto and blockchain surges, says KPMG

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),…