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).

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