Fintech funding in Asia reached $1.7 billion across 150 deals during the first quarter of 2026, securing the third-largest market share globally. According to the CB Insights State of Fintech Q1’26 Report, Asia trailed only the US, which led with $6.7 billion, and Europe, which saw $2.4 billion in investment. Other global regions recorded significantly lower activity, ranging from Latin America’s $0.7 billion to Oceania’s $98 million.
The broader global fintech landscape remained quiet during this period, with total equity deals falling for the fifth straight quarter to 762—the lowest level in years. Overall global funding settled at approximately $12.1 billion, nearly a 50% decrease from early 2022 levels. While banking technology dominated late-stage activity at 35%, the actual number of late-stage deals hit a multi-year low of 34.
The report also highlighted a slowdown in consolidation, with mergers and acquisitions dropping 26% from the prior quarter to a six-quarter low of 199. Despite the overall cooling, the crypto sector remained a standout for high valuations; crypto startups averaged a valuation of $6.4 million per employee, nearly doubling the general fintech average of $3.5 million.
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