Tracxn

Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half

Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said Tuesday.

SEA tech startups funding plunges 65 percent on year in first half

Companies in the Southeast Asia (SEA) tech space has raised $1.6 billion in the first half of 2024, a substantial 65 percent drop compared to the $4.5 billion raised in the first half of 2023, and 37 percent lower than $2.5 billion raised in the second half of 2023, Tracxn says Friday.

Tracxn : SEA FinTech startups see 13 percent decline in funding in first quarter amid slowdown in economic activity

The Southeast Asia (SEA) finTech sector secured funding worth $530 million in the first quarter of 2024, a 13 percent lower than the $607 million raised in the corresponding quarter last year, Tracxn said in a a report on Tuesday.

Tracxn : Indonesian tech startups funding declines 36 percent in first quarter

The Indonesia tech sector secured a total funding of $91.7 million in the first quarter of 2024 to date (till March 15, 2024), which is a drop of 36 percent from $143 million raised in the same period last year (till March 15, 2023). Tracxn said Thursday.

Tracxn : Vietnam tech startups funding fall 39 percent in first quarter

The Vietnam Tech ecosystem raised total funding of $35.7 million in the first quarter of 2024 to date (till March 15, 2024), which is a 39 percent decline from $58.6 million raised in the same period in 2023, Tracxn said Wednesday.

Tracxn : SEA tech startups see 13 pct decline in funding in first quarter

The Southeast East Asia (SEA) tech startup ecosystem secured a total funding of $816 million in the first quarter of 2024 to date (till March 15, 2024), the lowest-funded quarter in the past five quarters in the SEA tech sector, Tracxn said Wednesday.

Tracxn : Investments into Vietnam FinTech startups sinks to $35.3M in 2023

Total funding into Vietnamese FinTech startups plunged 84 percent to $35.3 million in 2023, from $227 million in 2022, Tracxn Technologies Ltd. said on Thursday. The FinTech sector in Vietnam secured funding worth $35.3 million in 2023 with only eight funding rounds, the least funded year since 2021.

Funding into Indonesian FinTech startups falls 51 percent to $765 million in 2023

Total funding into Indonesian FinTech startups fell 51 percent to $765 million in 2023, from $1.6 billion in 2022, Tracxn Technologies Ltd. said Tuesday. The Indonesian startup ecosystem is the second highest-funded startup ecosystem in the Southeast Asian (SEA) region in terms of overall funding and also the second largest economy in the SEA region.

Tracxn : Total funding into SEA FinTech startups plunge 65 percent to $2B in 2023

South East Asian (SEA) countries took the most hit in 2023 following the global economic crisis as the total funding for FinTech fell to $2 billion, the lowest in comparison to the last five years in this region, said Tracxn Technologies Ltd. on Tuesday.

Tracxn : Indonesia sees 54 percent decline in startup funding in 2023

Indonesia has witnessed total funding of $1.4 billion year to date, a drop of 54 percent as compared to the same period in 2022, Tracxn said Wednesday. The number of funding rounds in the country year to date also experienced a drop of 49 percent as compared to the same period in 2022.