HSBC Commercial Banking’s Post

The cost of capital has risen and the financing environment has become more challenging for innovative companies in Southeast Asia, making it harder for some to extend their funding runways. Government support programmes across Southeast Asia are a valuable resource, and HSBC is committed to supporting new economy businesses in the region and smart changes to strategy can make a difference. Looking ahead, Southeast Asia’s strong fundamentals will continue to attract investors – and there are signs that financing conditions may ease. Read more on how you can best access capital across ASEAN. https://grp.hsbc/6040b5isu #HSBCASEAN #ASEANInternationalBank #Innovation #Growth #BusinessGrowth

The cost of capital has risen and the financing environment has become more challenging for innovative companies in Southeast Asia, making it harder for some to extend their funding runways. Government support programmes across Southeast Asia are a valuable resource, and HSBC is committed to supporting new economy businesses in the region and smart changes to strategy can make a difference. Looking ahead, Southeast Asia’s strong fundamentals will continue to attract investors – and there are signs that financing conditions may ease. Read more on how you can best access capital across ASEAN. https://grp.hsbc/6042bdU7G #HSBCASEAN #ASEANInternationalBank #Innovation #Growth #BusinessGrowth

The cost of capital has risen and the financing environment has become more challenging for innovative companies in Southeast Asia, making it harder for some to extend their funding runways. Government support programmes across Southeast Asia are a valuable resource, and HSBC is committed to supporting new economy businesses in the region and smart changes to strategy can make a difference. Looking ahead, Southeast Asia’s strong fundamentals will continue to attract investors – and there are signs that financing conditions may ease. Read more on how you can best access capital across ASEAN. https://grp.hsbc/6045bLKZt #HSBCASEAN #ASEANInternationalBank #Innovation #Growth #BusinessGrowth

Southeast Asia is not immune to the global VC funding winter with 2024’s first quarter being its lowest for fundraising in five years. Despite this, Southeast’s new economy fundamentals remain strong with the region’s digital economy expected to grow from $72 billion in 2018 to $240 billion by 2025. Australian private and government investment is on the hunt for ASEAN’s next unicorn with several investment programmes being recently launched. Read our latest insight piece for AustCham Singapore to explore what SMEs can do to tap into some of these initiatives > https://lnkd.in/gsP4CNtG   In case you missed it: our second insight series for AustCham Singapore kicked off last week where we broke down the Australian government’s strategy to deepen economic relationships with Southeast Asia. Read it here > https://lnkd.in/grAyhCQb Tala Booker Daniel Fitzpatrick Graham Crouch Siobhan Clavin Sophie Moore Bryn Morgan #businessinsight #southeastasia #australia #SMEs #venturecapitalfunding #investment #crossborder #austcham 

🚀 Asian Fintech Startups to Offer Growth Opportunities Amid VC Downturn Despite global uncertainties and a cautious venture capital environment, the Asia-Pacific region continues to shine as a hotspot for fintech investment. In a recent analysis by Alex Axelrod, Founder and CEO of ULUKY, the resilience of Asian fintech startups stands out amid the challenges faced by the industry. 📊 Impressive Numbers: Despite a challenging 2023 for venture capital, Asia-Pacific has shown surprising resilience, raising $1.9 billion in Q3, nearly matching figures from the same period last year. While the number of deals may have decreased, investor interest remains robust, particularly in fintech startups focusing on cross-border transactions, with banking technology and payments sectors each raising over $1 billion. 💡 Factors Driving Investor Interest: 👉🏼 Seeking Stability: Global geopolitical uncertainty and trade tensions have made investors cautious. Asia-Pacific's relative distance from major political and economic tensions, coupled with a conservative approach to valuations, makes it an attractive destination. 👉🏼 Government Support: The region's authorities actively support business development. Agencies like ACRA, EDB, and InvestHK Dubai offer crucial assistance to overseas businesses, fostering a supportive environment for startups. The encouragement of fintech innovation by regulators adds an extra layer of confidence for investors. 👉🏼 Payment Solutions in Demand: With VC investors showing a keen interest in cross-border transactions, Asia's vast market of over 71 million SMEs in Southeast Asia becomes a gold mine. Fintech solutions addressing the need for efficient payment tools in this region are poised for success, especially with predictions of cross-border e-commerce revenue reaching $148 billion by 2027. 📈 High Investor Confidence: Despite the current challenges in VC investment, investor confidence in Asia-Pacific remains high. The strategic focus on sustainable growth, government support, and the untapped potential of payment solutions contribute to this positive sentiment. 🌐 Future Outlook: With all these factors in play, Asia-Pacific is positioned to emerge as a global fintech hub in the coming years. Investors recognizing the region's potential are eager to be part of this transformative journey. Let's continue to watch this space as Asia-Pacific propels itself to the forefront of fintech innovation! 🚀 📰 Source: The Fintech Time #VFF2023 #VietnamFintechFestival #ASEANFintechMonth #HaNoi #FintechEvent #Innovation #Finance #fintech

Singapore stands as a vibrant innovation hub for #ASEAN where many businesses choose to begin their journey and expand regionally. As a way to support these entrepreneurs on their journey, we are pleased to announce a US$150 million Venture Debt offering in Singapore to help scale up high-growth businesses backed by venture capital or private equity investors. This is alongside the launch of the US$1 billion ASEAN Growth Fund, underscoring our dedication to nurturing Singapore’s burgeoning new economy businesses from seed to maturity. Learn more from Amanda Murphy and Priya Kini in The Business Times here: https://grp.hsbc/6045Z2jRb #HSBCASEAN #ASEANInternationalBank #VentureDebt #innovation #growth #businessgrowth