TOKYO -- Asian financial technology companies raised $29.8 billion in 2018, almost twice as much as their North American counterparts, with investors looking to the region as the vanguard in innovative payment services.
Business trends
Asia fintech leads global funding as Alibaba and Baidu wallets thrive
Sector raised $30bn last year, nearly double North America tally
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Ant Financial, which operates the Chinese mobile payment platform Alipay, raised $14 billion from investors last year.
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