The value of funding for alternative lending companies reached a record-high value of over 300 million U.S. dollars in third quarter 2022 in Singapore, with a total of 13 deals. This represents a significant increase from 2018 when 15 deals were concluded, with a funding value of 137.56 million U.S. dollars. Singapore led fintech funding in Southeast Asia during this period, garnering 55 percent of the total amount.
Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals
(in million U.S. dollars)
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United Overseas Bank. (November 10, 2022). Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/
United Overseas Bank. "Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals (in million U.S. dollars)." Chart. November 10, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/
United Overseas Bank. (2022). Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/
United Overseas Bank. "Funding Value for Alternative Lending Companies in Singapore from 2017 to Third Quarter of 2022, by Number and Value of Deals (in Million U.S. Dollars)." Statista, Statista Inc., 10 Nov 2022, https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/
United Overseas Bank, Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals (in million U.S. dollars) Statista, https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/ (last visited October 31, 2024)
Funding value for alternative lending companies in Singapore from 2017 to third quarter of 2022, by number and value of deals (in million U.S. dollars) [Graph], United Overseas Bank, November 10, 2022. [Online]. Available: https://www.statista.com/statistics/1303883/singapore-alternative-lending-funding-by-deals-and-value/