Tracxn : Southeast Asia’s FinTech funding drops 23 percent in...

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2025-01-15 12:56:02

Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024

Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from$6.3 billion in 2022, Tracxn said Monday. The data platform said in a statement that the funding in 2024 returned to pre-pandemic levels, reflecting challenges posed by macroeconomic conditions, rising interest...

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