Southeast Asia fintech funding fell 21% in 2025

This is despite Airwallex and Superbank doing well in their fund raising and IPO.

Southeast Asia’s financial technology (fintech) sector saw funding decline 21% year-on-year (YoY) in 2025, data from Tracxn showed.

Despite the decline, the fintech sector remained one of the top performing sectors in Southeast Asia in regard to funding activity.

Airwallex was one of the companies who raised funding above $100m during the year, raising $330m in its funding round. 

Indonesia’s Superbank was one of 15 SEA tech IPOs in 2025.

Enterprise infrastructure was the top performing tech sector in 2025, raising $2.3b in 2025, a 70% YoY increase compared to 2024.  

Enterprise applications, meanwhile, attracted $1.42b in funding in 2025, 38% YoY lower than a year earlier.