FinTech

The region secured just five mega-round transactions during the second quarter of 2026.

Three in four global institutions hope to generate additional income from the technology.

Wallet holders can pay from crypto balances without selling or preloading funds.Visa is partnering with crypto payments network Mesh to let consumers spend cryptocurrency and stablecoin balances at more than 175 million merchant locations worldwide.

ICBC recorded a 49% increase whilst Agricultural Bank of China registered 54% growth.

Four major deals accounted for 86% of the region's $2.3b fintech funding in the first nine months of 2026.

The deal will support HelloMoney AUB’s flagship e-wallet and its QR Ph capabilities.

Q1 deal value was $1.2b before rebounding to $3.4b in Q2.

Only 116 transactions were recorded during the quarter.

AI-driven competition is expected to increase demand for marketing capital.

Global transactions reached 612 in 2025 compared with 605 in 2024.

The US accounted for 47% of global fintech deals in Q1 2026.

Borderless QR lets tourists pay in home wallets with local settlement.

Region closed 150 transactions placing third behind US and Europe.

Singapore recorded 619 fintech companies per 1 million people.

Merchants shift to smartphone terminals in hawker centres and wet markets to cut hardware costs.

Internet access reached 79% of the population in 2023, boosting digital payment demand.