Singapore’s fintech sector drew more than US$499 million across 53 deals in the first half of 2026, down from about US$1.45 billion across 97 deals a year earlier, according to KPMG’s Pulse of Fintech H1’2026 report.

KPMG said this was Singapore’s weakest first half for fintech investment in nearly a decade.

The half was uneven. Q1 brought in US$88 million across 26 deals, while Q2 reached US$411 million across 27 deals.

A US$320 million June round for a cross-border payments platform accounted for nearly two-thirds of total fintech investment in the period.

AI and machine learning led investment with US$365.9 million across 18 deals.

Digital assets and cryptocurrency made up the largest share of deal count, while payments remained a significant segment, largely due to the US$320 million June deal.

KPMG said Singapore’s digital-asset funding was concentrated in seed and early-stage rounds, which made up 15 of 27 deals.

The firm said this points to continued investor interest in regulated, institutional-grade digital-asset businesses.

Globally, fintech investment rose to US$103.1 billion in H1 2026 from US$72.2 billion in H2 2025.

🔗 Source: KPMG

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