Singapore tops SEA fintech funding in H1 with US$518M
The city accounts for 58% of SEA's total funds raised.
Singapore continues to lead Southeast Asia in fintech funding, accounting for 58% of the region's total funds raised in H1 2024.
Data from Tracxn showed that in the first half of the year, Singapore raised US$518m, becoming the top city for fintech funding in SEA.
Behind Singapore are Bangkok (US$140m), Jakarta (US$128m), Taguig (US$57.1m) and Cilandak (US$17.5),
The companies with the top funding rounds during the period also hail from Singapore: ANEXT Bank (US$148m - Series D) (#1), DCS Card Centre (US$75.2m) (#3), and NIUM (US$50M - Series E) (#3).