Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising interest rates and economic headwinds
KPMG Pulse of Fintech – H1’2023 Global funding in fintech dropped 17 percent to US$52.4 billion across 2,153 deals in H1’23, while Singapore H1’23 funding fell to US$934 million across 84 deals from H2’22 Singapore’s artificial intelligence and machine learning fintechs attracted US$129 million in H1’23 Payments, crypto and AI deals demonstrated some resilience amongst fintech subsectors within Singapore Americas sees fintech funding climb from US$28.9 billion […]


