Singapore was responsible for 88% of the $776 million in fintech funding raised in Southeast Asia during the first half of 2025.<\/span><\/p>\n This marks a 31% increase from the $593 million raised in the second half of 2024, although it remains 22% lower than the $1 billion recorded in the first half of 2024. <\/span><\/p>\n <\/p>\n The growth was almost entirely due to a surge in late-stage fintech funding, which hit $558 million. This is more than double the previous half and up 22% year-over-year. In contrast, early-stage funding fell to $167 million (down 27% from H2 2024). On the other end of the spectrum, seed funding dropped to just $50.7 million, representing a 50% decline.<\/span><\/p>\n Only one shining star emerged in H1 2025, matching the count from the same period in the previous year. Three major deals stood out: Thunes and Airwallex each secured $150 million in Series D and F rounds, while Bolttech raised $147 million in its Series C.<\/span><\/p>\n Despite increased capital flow, fintech acquisition activity slowed. Only nine M&A deals were recorded, which is down from 11 in H2 2024 and 16 in H1 2024. Noteworthy transactions included ASCENT\u2019s $34.7 million acquisition by KFin Technologies and Coinseeker\u2019s $30 million buyout by Titanlab.<\/span><\/p>\n Singapore remains the clear fintech funding hub of Southeast Asia. The next most active city, Taguig in the Philippines, trailed far behind.<\/span><\/p>\n Top investors in the region during H1 2025 included East Ventures, Y Combinator, and 500 Global. On the late-stage front, DST Global Partners and Unbound made significant moves by backing new fintech startups across Southeast Asia.<\/span><\/p>\n <\/p>\n Looking to launch or expand your fintech business in Singapore?<\/b><\/p>\nLate Stage Fintech Funding Helped the Surge<\/b><\/h3>\n