FinTech

Asia fintech hits $1.7b as global investment slump deepens

Region closed 150 transactions placing third behind US and Europe.
5 days ago

SEA leads fintech density as Asia gap widens

Singapore recorded 619 fintech companies per 1 million people.

APAC fintech market locks 76.6% share in mobile apps

Merchants shift to smartphone terminals in hawker centres and wet markets to cut hardware costs.

Vietnam fintech posts 17.8% CAGR through 2034

Internet access reached 79% of the population in 2023, boosting digital payment demand.

India bank credit hits $2.4t amidst fintech boom

Formal banking reach expanded to 569.3 million Jan Dhan accounts by early November 2025.

Retail holds 71% of APAC fintech market in 2025

Enterprise users to expand at 25.47% annually through 2031.

Asia-Pacific fintech to hit $348.1b by 2031

The market will be driven by mobile-first usage and open API payment rails.

Fintech expands SME credit as 72.9% see growth impact

SMEs make up over 90% of businesses across Asia yet face constrained traditional financing.

APAC fintech funding slumps 52% as VC investment craters

Total fintech funding reached $19.4b across 1,675 deals in 2022 before sliding.

Fintech Fingular secures $10m credit line for Malaysia expansion

The funding will also be used to strengthen operational capacity.

Banks pour into digital asset infrastructure, Sygnum says

Self custody could shift $300b off platforms by end 2026.

SEA fintech funding drop 23% to $1.6b in 2024

This is 75% lower than the funding it got in 2022.

Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users

Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.

BEA and IDA launch HKD-pegged stablecoin

The initiative includes a trial involving a local payment gateway.

Wise gains direct access to PH’s InstaPay and PhilPaSS Plus

This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.