Fintech funding in Singapore drops to US$499M as dealmaking becomes more selective
Singapore’s fintech market entered 2026 with a familiar contradiction: its strategic appeal remains intact, but capital has become much harder to win. Fintech companies in the city-state raised just over US$499 million across 53 deals in the first half of 2026, according to KPMG’s Pulse of Fintech H1 2026 report. That is a sharp fall […] The post Fintech funding in Singapore drops to US$499M as…
Singapore's fintech market in 2026 reflected a familiar contradiction - strategic appeal remained strong, but capital became much harder to win. In the first half of 2026, fintech companies in Singapore raised only US$499 million across 53 deals, a significant drop from US$1.45 billion and 97 deals in the same period last year. This marks the weakest first-half fintech investment performance in nearly a decade.
The headline number, however, masks an uneven market, with funding frozen in the first quarter and a rebound in the second quarter heavily dependent on a single US$320 million round for a cross-border payments platform in June.
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