Tracxn, a Bangalore-based private market data platform, said 12 active payment startups in Southeast Asia had raised more than US$2.7 billion in disclosed equity funding as of July 23, 2026.

Airwallex accounted for nearly 70% of the total, with US$1.9 billion raised since its 2015 founding, including a US$320 million round in June 2026.

The top two companies on Tracxn’s list made up about 83% of the combined funding.

Tracxn said nine of the 12 startups are headquartered in Singapore, while the others are based in Indonesia and Vietnam.

It also said Airwallex, MetaComp, dtcpay, and Qashier raised funding in 2026.

Airwallex said it is dual-headquartered in Singapore and San Francisco, while operating in Singapore under a Major Payment Institution license.

🔗 Source: Tracxn Technologies Ltd.

Recent Airwallex developments