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Home » SG, Indonesia Fintech Startups Funding Discline in 2024
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SG, Indonesia Fintech Startups Funding Discline in 2024

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,,

Singapore

Photo by Alesia Kozik from Pexels

Singapore technical startups collected $ 2.1 billion while Indonesian funding decreased by 75%.

Singapore And Indonesia experienced a decrease in the financing of startups in financial technology by 15% and 68.45%, respectively, in 2024 compared to 2023, according to a TRACXN report.

Despite this, Singapore technological startups raised $ 2.1 billion in funding, which represents an increase of 56% compared to $ 4.8 billion in 2023.

Meanwhile, high -tech startups in the city of the city of the city saw funding increase by 4% in 2024 compared to 2023.

However, Indonesia has raised only $ 323 million in funding, a drop of 75% compared to the $ 1.3 billion guaranteed in 2023.

Technical insurance startups had the most funding, increasing by 431.58% in 2024.

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