Southeast Asia FinTech fundraising hits record high of $3.5B year to date – report

Following a dip in fundraising seen across ASEAN’s FinTech scene in 2020, funding has rebounded to reach a record high of $3.5 billion year to date, more than triple the amount seen over 2020, said an industry report. This funding was driven by 13 mega-rounds (classified as funding rounds of at least US$100 million), accounting for more than half of total FinTech funding in ASEAN.