Singapore’s fintech sector recorded a strong rebound in the first half of 2025, attracting close to $1.04 billion in investments across 90 deals, according to KPMG’s Pulse of Fintech H1’2025 report.
This marks the highest amount of investments the country has seen since the first half of 2023, when investments reached $1.59 billion across 125 deals. Compared to H1 2024, deal values had risen by about 87 per cent year-on-year, and 28 per cent from H2 2024.
Investments were predominantly driven by deals in the payments, cryptocurrency and AI and machine learning verticals, which accounted for the lion’s share of the total deal size recorded for Singapore.
Deals in the payment vertical were spread equally across early-stage and late-stage deals, while the cryptocurrency, AI, and machine learning verticals largely saw early-stage deals.
Global fintech investments saw $44.7 billion across 2,216 deals in H1 2025, a dip from the $54.2 billion recorded across 2,376 deals in H2 2024.
“The data for Singapore shows that the country is seen as a strategic hub for fintech innovation, supported by robust regulatory frameworks that have shaped a financial ecosystem known for its efficiency, resilience, and trustworthiness,” said Anton Ruddenklau, Partner, Head of Financial Services, KPMG in Singapore and Global Head of Fintech and Innovation for Financial Services, KPMG International.
“In a climate shaped by global trade tensions, the ability to enable decentralised, tech-driven, and non-traditional financial solutions will be critical. As traditional financial flows face disruption, the demand for agile, resilient infrastructure will see higher demand,” he added.
Singapore’s digital assets and currencies sector recorded 48 deals in H1 2025, the highest number of deals among all fintech verticals, despite a slight dip from 53 deals in H2 2024. With $254.1 million in investments, the sector ranked second in deal value, underscoring its resilience and investor appeal.
The two largest deals were secured by protocol provider Giants Planet and blockchain intelligence and tooling platform Coinseeker.co, each raising $30 million.
This could be an early sign of an emerging trend where institutional stakeholders are driving the demand for regulated financial services, thereby increasing the need for infrastructure that enables scalability, interoperability, and real-world utility.
Investors are increasingly backing platforms that can support secure, compliant, and high-throughput ecosystems. The emphasis on infrastructure also reflects growing demand for enterprise-grade solutions that can integrate with traditional financial systems while enabling decentralised innovation.
Singapore’s AI-powered fintech sector reached a new high in H1 2025, with the artificial intelligence and machine learning vertical attracting $234.5 million across 22 deals, surpassing previous records set in 2023 and 2024.
A large share of these investments was directed toward business productivity tools and financial software, reflecting a strong appetite for AI solutions that enhance operational efficiency and support digital transformation.
