SE Asia fintech startups catch investor fancy, received $150m VC capital last year


Fintech startups in the SEA have landed VC investments of $300m since 2007 and half of that came in last year alone, indicating the sector’s growing traction. SEA – which has a large unbanked population, high penetration of smartphones and mobile internet – sports a conducive environment for fintech to flourish.

ASEAN Venture Council
Singapore: Life.SREDA, AT Capital lead Series B investment in Lenddo

Singapore-based fintech VC firms Life.SREDA and AT Capital have led a Series B round in Lenddo, a provider of data for credit scoring and online verification. The financial terms of the investment are undisclosed. The company will use the funds for business expansion. Other investors participating in this Series B round were Omidyar Network, Blumberg… Read more »