Overall funding raised by venture capital-backed fintech start-ups in Asia last year hit a record US$5.4 billion across 165 transactions, compared with US$4.8 billion over 162 transactions in 2015. Photo: Alamy Stock Photo

China, India deals lift Asian venture capital fintech financing to US$2.7b

Chinese online lender Tuandaiwang joins ranks of world’s 26 fintech unicorns – start-ups with a US$1 billion valuation

Topic |   Fintech

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Overall funding raised by venture capital-backed fintech start-ups in Asia last year hit a record US$5.4 billion across 165 transactions, compared with US$4.8 billion over 162 transactions in 2015. Photo: Alamy Stock Photo
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