ÌÇÐÄÆƽâ°æ

Mynt, a Philippines-based digital payments platform, received a venture capital (VC) investment of over 788 million U.S. dollars in 2024. Australia-based credit analysis firm, Illion, received around 540 million U.S. dollars in investment through a merger and acquisition deal. 

Startup funding rounds

Startup funding rounds are stages in which a startup raises capital to grow. It typically begins with a pre-seed and seed funding round, where startups raise initial capital from friends, angel investors, or incubators. The next rounds are early-stage Series A and B, followed by late-stage Series C and beyond, where venture capital (VC) firms typically invest in exchange for equity. Each round aims to increase the company’s valuation and maturity. Rounds from Series C onward may involve late-stage VCs and private equity investors, leading up to an initial public offering (IPO) or other exit strategies, such as mergers and acquisitions. Each round reflects the startup’s growth stage and risk profile. In 2024, the venture capital (VC) deal value accounted for approximately three-quarters of the investment value in fintech in the Asia-Pacific (APAC) region. 

Global fintech investment trend

The global fintech investment continued to experience a downturn in 2024. The Americas remained the primary hub for fintech investments, attracting nearly 64 billion U.S. dollars, followed by the Europe, Middle East, and Africa (EMEA) region with 20.3 billion U.S. dollars, and the Asia Pacific with 11.4 billion U.S. dollars. Between 2021 and 2024, fintech funding in the Americas and EMEA steadily declined, while the Asia-Pacific region saw an uptick in 2022 before dropping in 2023 and 2024, highlighting ongoing challenges in the sector. However, despite the overall downward trend, certain fintech segments saw increased investment activity between 2023 and 2024, such as digital payments, reg tech, and digital assets. The largest fintech deal worldwide in 2024 was the buyout of Worldpay, a global payment processing company valued at 12.5 billion U.S. dollars.