Southeast Asia’s 12 leading payment startups have collectively raised over
$2.7 billion in equity funding till date, with the top two companies accounting for approximately 83 percent of the total capital raised, Tracxn said Wednesday.

Airwallex leads the list with $1.9 billion raised since its founding in 2015, including a $320 million funding round in June 2026, accounting for nearly 70 percent of the combined funding raised by companies on the list, the market intelligence platform said in a statement.

Singapore emerged as the dominant base for the list, with nine of the 12 companies headquartered in the city-state; Indonesia and Vietnam are the other countries represented.

Meanwhile, funding activity remains active, with four of the 12 companies securing funding rounds in 2026, including Airwallex ($320 million), MetaComp ($13 million), dtcpay ($10 million), and Qashier ($6 million), highlighting continued capital availability for leading payment companies.

The report featuring 12 of the most funded active payment companies based
in Southeast Asia, ranked by total equity funding raised.

The ranking is based on cumulative disclosed equity funding, providing a snapshot of companies that have attracted significant investor backing.

The list covers companies operating across cross-border payment networks, enterprise payment infrastructure, merchant commerce solutions, treasury platforms, embedded financial services, and digital asset-enabled payment capabilities.

Notably, the majority of the companies featured are at early funding stages, from Seed to Series A, reflecting a strong pipeline of payments startups progressing beyond product validation and toward commercial scale.

Alongside a small number of large late-stage rounds, this prevalence of early-stage companies highlights sustained investor interest in Southeast Asia’s payments ecosystem.

SEA tech funding records two times growth, reaching $7.4B in first half