Fintech funding rises 14% to $2.2 billion in Jan-Sep; deal count falls 41%: Tracxn
Funding in the first nine months of 2025 stood at USD 1.9 billion. The number of rounds dropped to 153 from 260 a year ago, the data intelligence platform said in a report.
In the first nine months of 2026, Indian fintech companies raised USD 2.2 billion in funding, a 14% increase from the previous year. However, the number of funding rounds decreased by 41%, with only 153 rounds compared to 260 in the same period last year. Despite the drop in deals, the largest five rounds brought in nearly USD 1.1 billion.
CRED's USD 540 million Series H round in June, led by Meta, accounted for about a quarter of all funding. Late-stage funding, including Series C and later rounds, more than doubled to USD 1.5 billion, making up 67% of the total capital raised. Early-stage funding, which includes Series A and B, fell 33% to USD 668 million, while seed funding dropped 57% to USD 73.8 million.
Bengaluru led the sector with 62% of the funding, followed by Mumbai and Gurugram. The fintech sector produced three new unicorns and three IPOs, indicating strong growth and market presence for these companies.
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