Finclusion
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Paytm
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Finclusion
No Result
View All Result
Total fintech investment in ASPAC fell to a ten-year low of $11.4 billion.

Global fintech investment dips in H1 2024 amid high interest rates and geopolitical uncertainty. (Image source: Freepik)

Fintech Investment in Asia-Pacific Region Hits 10 year low in 2024: KPMG

March 13, 2025
in Fintech
414 9
0
Share on FacebookShare on Twitter

Despite global headwinds, India’s fintech sector remained a key player in the Asia-Pacific (ASPAC) region in 2024. While total fintech investment in ASPAC fell to a ten-year low of $11.4 billion, India managed to retain investor confidence, with fintech funding slipping slightly from $4.4 billion in 2023 to $4.1 billion in 2024, according to KPMG’s Pulse of Fintech H2’24 Report.

This marginal decline stands in stark contrast to China’s fintech market, which saw investment drop sharply from $2.6 billion to just $687 million. Meanwhile, Australia experienced a fintech funding surge, more than doubling from $839 million to $2.1 billion, reflecting shifting investor interest within the region.

You might also like

President Diaz-Canel expressed Cuba’s keen interest in India’s Unified Payments Interface (UPI) and its wider Digital Public Infrastructure (DPI). (Image Source: PM Narendra Modi on X)

BRICS Summit 2025: Cuba Shows Interest in India’s UPI as PM Narendra Modi, President Diaz-Canel Meet

July 7, 2025
By integrating this indicator, banks and payment platforms will be able to identify risky mobile numbers in real time. (Image source: @UPI_NPCI)

RBI Advises Banks to Adopt DoT’s Fraud Risk Indicator to Curb Cyber Fraud

July 3, 2025

“Over the next year, we’re likely going to see a lot more happening in the generative AI and AI space when it comes to financial services. The technology suits so many needs, from risk and controls to wealth management. It has the potential to really reshape and reinvigorate the fintech sector, particularly here in China,” said Andrew Huang, Head of Fintech, KPMG China.

On a global scale, the fintech industry struggled with economic uncertainty, geopolitical tensions, and high-profile elections across major economies. The total investment in fintech fell to $95.6 billion and the volume of deals dropped to 4,639, lowest in seven years.

In the second half of 2024 (H2’24), global investment fell from $51.7 billion to $43.9 billion, with mergers and acquisitions (M&A) and venture capital (VC) funding slowing down. However, a late-year surge in Q4’24 saw M&A deal value nearly double from $7.4 billion to $14.2 billion, signaling renewed investor confidence heading into 2025.

Despite the setbacks of 2024, there is growing optimism for a fintech investment rebound in 2025. The expected decline in interest rates and easing of economic uncertainty following major global elections could revive investor sentiment.

Tags: FintechFintech in Indiafintech investmentglobal fintechKPMGPulse of Fintech

Related Stories

President Diaz-Canel expressed Cuba’s keen interest in India’s Unified Payments Interface (UPI) and its wider Digital Public Infrastructure (DPI). (Image Source: PM Narendra Modi on X)

BRICS Summit 2025: Cuba Shows Interest in India’s UPI as PM Narendra Modi, President Diaz-Canel Meet

by Finclusion
July 7, 2025
0

On the sidelines of the 17th BRICS Summit in Rio de Janeiro, Prime Minister Narendra Modi held talks with President...

By integrating this indicator, banks and payment platforms will be able to identify risky mobile numbers in real time. (Image source: @UPI_NPCI)

RBI Advises Banks to Adopt DoT’s Fraud Risk Indicator to Curb Cyber Fraud

by Finclusion
July 3, 2025
0

In a major step towards strengthening cybersecurity in banking, the Reserve Bank of India (RBI) has directed all Scheduled Commercial...

June's daily average was equally impressive, with 613 million transactions per day and a daily average value of ₹80,131 crore. (Image source: Freepik)

India’s UPI Crosses 18.4 Billion Transactions in June 2025

by Finclusion
July 1, 2025
0

India’s digital payment ecosystem continues to grow rapidly with UPI (Unified Payments Interface) recording 18.40 billion transactions worth ₹24.04 lakh...

During her visit to Seville, Spain, the Finance Minister will address the 4th International Conference on Financing for Development (FFD4) organised by the United Nations. (Image source: PIB)

Finance Minister Nirmala Sitharaman to Address 4th International Conference on Financing for Development organised by United Nations

by Finclusion
June 30, 2025
0

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has begun an official visit to Spain, Portugal, and Brazil from...

Next Post
DoT has joined hands with WhatsApp to enhance digital safety and protect citizens from telecom-related frauds and online scams. (Image source: Pixabay)

DoT and WhatsApp Partner to Fight Digital Scams and Frauds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finclusion

© 2024 Finclusion

Quick Links

  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog

© 2024 Finclusion

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version