Southeast Asia’s payment startups have collectively raised over $2.7b in equity funding, according to a recent report by Tracxn. The report, released in July 2026, highlights 12 leading companies in the region, with Airwallex and Thunes accounting for approximately 83% of the total capital raised. Airwallex alone has secured $1.9b since its inception in 2015, including a $320m funding round in June 2026.
Singapore has emerged as the dominant hub for these startups, with nine out of the 12 companies headquartered in the city-state. The remaining companies are based in Indonesia and Vietnam. The report underscores the active funding environment, noting that four companies, including Airwallex, MetaComp, dtcpay, and Qashier, have secured funding rounds in 2026.
Tracxn’s ranking is based on cumulative disclosed equity funding, offering a snapshot of companies that have garnered significant investor interest. These startups are involved in various sectors, including cross-border payment networks, enterprise payment infrastructure, and digital asset-enabled payment capabilities.
The majority of the companies are in early funding stages, from Seed to Series A, indicating a robust pipeline of startups moving towards commercial scale. This trend highlights sustained investor interest in Southeast Asia’s payments ecosystem, as businesses increasingly adopt digital payment solutions to support e-commerce and financial operations.
