Rising Fintech Investment in Asia Suggests Room for Bitcoin Opportunities

Tuesday, August 11, 2015

More and more companies are tapping into the Asian market when it comes to financial technology investment, as the region has seen growth in remittances while some countries have weak banking sectors. This opens up a market gap that could make room for bitcoin opportunities later on.

Just recently, startup Apis was able to raise $150 million in funding for its private equity house focused on investing in financial services across Africa and South Asia. Apis Partners was founded a year ago and has started deploying capital while seeking more investors.

Source: News BTC (link opens in a new window)

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banking, bitcoin, financial inclusion, remittances