A mega-round is defined as a funding round of US$100 million and above.
FinTech funding in Asean has more than tripled to a record high of US$3.5 billion ($4.36 billion) in the 9M2021, compared to the FY2020, according to the FinTech in ASEAN 2021 report by UOB, PwC Singapore and the Singapore FinTech Association (SFA).
The rebound in FinTech funding was driven by 167 deals including 13 mega-rounds, which accounted for US$2 billion of the total funding.
