The Fintech Phenomenon
The Asia-Pacific region has become a hub for financial technology or fintech, attracting almost $30 billion in investment last year, according to Accenture. And as fintech businesses proliferate, lawyers find their hands full advising these exciting new companies.
Fintech in big business today in Asia. Financial technology companies in the region raised $29.8 billion in 2018, almost twice as much as similar businesses in North America, according to a report by consulting firm Accenture. The report added that about 54 percent of the world’s $55.3 billion in fintech investments last year went to the Asia-Pacific with China alone accounting…
