2024 fintech highlights: The startups dominating Southeast Asia’s financial landscape

Quick Summary:

ASEAN’s fintech startups raised over US$1.4 billion in 2024 amidst the global economic challenges, marking only a marginal per cent YoY decline.

In comparison, global fintech funding fell by 28 per cent YoY to US$39 billion in the first nine months of the year.

Southeast Asia is a fintech powerhouse.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: Singapore

Topics: SIG Venture Capital InnoVen Capital Salmon AltoPartners January Capital Amartha Capital C Insight Partners Mynt Operator Stack Prosus Arbor Ventures Weiguang Ventures E27 Pro Eight Roads Ventures Ant Group Amplo API-First Index Taurus Ventures Partior Bow Wave Capital Management HSBC BitRock Capital Antao Capital Validus Ascend Money Tiger Global Management Fintech Visa Ayala Nium Osome Finture Atinum Investment Atami Capital Grayscale Ventures Mandiri Capital Indonesia Flexcap Ventures Management Warburg Pincus GMO Venture Partners 500 Global Vertex Ventures Richen Pioneer XVC Ayoconnect AwanTunai UNO Digital Bank Alpha JWC Ventures Silverhorn Mitsubishi Corporation Fullerton Financial Holdings Globe Telecom Jungle Ventures SWC Per cheque IDG Global Solutions FinUp Lend-east Startups Shunwei Capital Honest Bank European Union Tortola Capital; Vertex Holdings GIC Patamar Capital Colopl Next Rocket Internet PayU Ripple MDI Ventures Square Peg Ventures IDG Capital Blue Sky Alternative Investments Tribe Capital Krungsri Finnovate Akulaku Vertex Growth Temasek BRI Ventures Ncore Ventures Capria Sygnum Qiming Venture Partners GSR Ventures MUFG Beacon VC NewView Capital DCM Ventures CE Innovation Capital RocketCapital Investment Riverwood Capital Atome Funding Societies Syfe China Growth Capital Siam Commercial Bank CapitalSG LinkAja CreedCap Asia Advisors Features Charoen Pokphand Group MindWorks Capital SBI Ven Capital Investments Peak XV Partners Global Founders Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 11:16:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 1621 words

Reading Time: 10 minutes read

Sentences: 1 lines

Sentence Length: 1621 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 24689711

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 8 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 14 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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