India Takes Beats Out China in Q1 2019 Fintech Funding

It has been a rough time for fintech in China as funding fell 87.6% year over year to $192.1 million in Q1 2019; the fall in funding is largely due to tightened regulation of online lending in the country; India has now taken the top spot in Asia, reporting $285.6 million in the same period according to data from CB Insights; both countries reported 29 fintech deals; TechCrunch shares other data points on fintech in the countries and the companies who are seeing success. Source

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