The second quarter of 2018 saw Asia trump the US in terms of both venture capital-backed fintech deal count and maximum mega rounds – those over $100 million in value – for the first time, according to a latest CB Insights report.
Asia’s fintech startups raised $16.8 billion across a record 133 deals in Q2, driven by a spike in early-stage deals and a 94 per cent increase in Chinese deals, according to CB Insights’ Q218 fintech report.
