Singapore’s fintech investment dropped to $1.7b (US$1.3b) in 2024, marking its lowest level since 2020, according to KPMG. The decline signals a market adjustment driven by investor caution, it added. Still, the second half of the year showed recovery, as Singapore’s fintech deal value surged 41% to $1b (US$781m). “This underscores a growing emphasis on later-stage deals with high scalability and near-term profitability. Early-stage VC interest remains strong as quality-driven investments gain traction,” KPMG said. https://sbr.com.sg/markets-investing/news/cotd-singapores-fintech-investment-plunges-lowest-level-2020 (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 28 February 2025