Media OutReach
Singapore fintech sees surge in investments despite global trade fragmentation and tariff escalation: KPMG’s Pulse of Fintech H1’25
This makes it the highest amount of investments the country has seen since the first half of 2023, where investments had hit US$1.59 billion across 125 deals. Compared to H1 2024, deal values had risen by about 87 percent year-on-year, and 28 percent 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 and late-stage deals, while cryptocurrency and 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 $54.2 billion recorded across 2,376 deals in H2 2024.
“The data for Singapore shows that the country is seen as a strategic hub for fintech innovation, supported by robust regulatory frameworks that have shaped a financial ecosystem known for its efficiency, resilience, and trustworthiness,” said Anton Ruddenklau, Partner, Head of Financial Services, KPMG in Singapore and Global Head of Fintech and Innovation for Financial Services, KPMG International.
“In a climate shaped by global trade tensions, the ability to enable decentralised, tech-driven, and non-traditional financial solutions will be critical. As traditional financial flows face disruption, the demand for agile, resilient infrastructure will see higher demand,” he added.
| Fintech verticals | Singapore | Global | ||
| Ranking | Deal Size
US$ (million) |
Ranking | Deal Size
US$ (million) |
|
| Payments | #1 | 474.66 | #4 | 4,644.02 |
| Crypto | #2 | 254.10 | #1 | 8,371.1 |
| AI & ML deals | #3 | 234.50 | #2 | 7,220.16 |
| InsurTech | #4 | 147 | #3 | 4,800 |
| Reg Tech | #5 | 39.80 | #5 | 2,079.3 |
| Cybersecurity | #6 | 6.50 | #9 | 115.2 |
| ESG (New) | #7 | 0* | #6 | 1,134.77 |
| Proptech | #8 | 0* | #7 | 331.0 |
| WealthTech | #9 | 0 | #8 | 214.2 |
*Deal sizes were not revealed despite some deals being recorded
Singapore’s fintech payments sector defies global trends
In Singapore, fintech investments in the payments sector climbed to US$475 million in the first half of 2025—an almost eightfold increase from H2 2024. Globally, the payments segment saw US$4.6 billion in H1 2025.
In Singapore, this rise was anchored by mega-deals such as Airwallex’s US$301 million raise, positioning the country as a regional epicenter for digital payments innovation.
“Singapore’s fintech firms are capitalising on the demand for agile, interoperable payment platforms that can navigate tariff-induced complexities,” said Mr Ruddenklau.
Deal records indicate that the top three deals targeting companies focused on cross-border payment solutions.
This trend highlights not only the sustained demand for digital payment applications, but also a growing appetite for infrastructure that enables real-time, cross-border retail and commercial transactions. As global commerce becomes increasingly digital and interconnected, investors are prioritising scalable, tech-enabled platforms that can address the complexities of international payments—such as compliance, currency conversion, and settlement speed—while maintaining security and user trust.
Singapore’s digital assets and currencies sector leads in deal activity amid global momentum
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 US$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 US$30 million.
This could be early signs of an emerging trend where institutional stakeholders are driving the demand for regulated financial services, pushing up demand for infrastructure that allows for 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.
AI-powered fintech continues to surge in Singapore
Singapore’s AI-powered fintech sector saw a new high in H1 2025, with the artificial intelligence and machine learning vertical attracting US$234.5 million across 22 deals— surpassing previous records seen 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.
Looking ahead, we could possibly see more hyper-personalised financial services, where AI tailors products and advice to individual user behaviours and preferences. Regulatory technology (RegTech) is also set to expand, with AI streamlining compliance and risk management in increasingly complex financial environments.
Global Key Highlights for H1’25
- Global fintech investment saw the softest six-month period since H1’20, with just $44.7 billion in investment across 2,216 deals.
- Global M&A deal value fell from $26.7 billion in H2’24 to $19.9 billion in H1’25, while PE investment fell from $4.4 billion to $1.4 billion; global VC investment remained steady over the same timeframe, rising marginally from $23 billion to $23.4 billion.
- The EMEA region was the only major region to see fintech investment grow—from $11.1 billion across 780 deals in H2’24 to $13.7 billion across 759 deals in H1’25.
- The Americas attracted the most fintech investment in H1’25, with $26.7 billion invested across 1,092 deals in H1’25—down from $35.7 billion across 1,150 deals in H2’24.
- The ASPAC region had the softest level of fintech investment, with just $4.2 billion across 363 deals in H1’25, compared to $7.3 billion across 444 deals in H2’24.
- At the sector level, digital assets, AI, and regtech were all trending well ahead of 2024’s investment levels at mid-year. Digital assets had $8.3 billion in investment in H1’25—compared to $10.7 billion during all of 2024, while AI saw $7.2 billion in investment—compared to $8.9 billion in all of 2024.
“Given the geopolitical situation globally, much of the fintech investment globally we’ve seen so far in 2025 has been very strategic, rather than broad-brush speculative investments. Firms were more focused on cost cutting and on divesting non-core and underperforming assets than new deals. The increase in AI-focused fintech investment dovetails with that. Both investors and institutional users are very keen on the potential of generative AI and agentic AI—and startups that are to improve efficiencies and drive value through GenAI will command premium valuations and significant investment. Fintech-focused AI is only going to get hotter headed into the back half of 2025,” he added.
Hashtag: #KPMGInternational #Fintech
The issuer is solely responsible for the content of this announcement.
About KPMG International
KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.
KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
Media OutReach
Global Wellness Forum 2026 Set for June 23 in Kuala Lumpur as Malaysia’s Nutraceutical Industry Embarks on Next-Gen Transformation
As a core component, James Pereira, general manager of MADSA, will share insights on Malaysian health industry regulations. Adrian Toh, CEO & Executive Director of R Pharmacy, will provide frontline retail channel observations regarding shifting consumer demands. Alex Liao, General Manager of Welbloom Bio-Tech, will represent Taiwan to share how format innovation effectively responds to brand differentiation, consumption experiences, and market compliance needs.
Faced with brands’ attention toward differentiated experiences, Welbloom Bio-Tech will showcase its proprietary, Halal-certified FRESH-Jelly® technology on-site, demonstrating the innovative application to make supplements more food-like. Through ingredient payload capacities, zero- or low-sugar designs, and customized flavor development, FRESH-Jelly® allows supplements to maintain functionality while becoming more enjoyable to consume regularly, providing Malaysian brands with a distinctive option beyond capsules and tablets.
With the rapid rise of Malaysia’s wellness consumer market, its mature distribution channels and exceptional potential for regional expansion are accelerating the country’s growth as a critical hub for the Southeast Asian health industry. Welbloom Bio-Tech states that this forum is a bridging platform connecting Taiwan’s manufacturing capabilities with Malaysian market insights, aiming to unlock commercially viable partnerships for both regions.
The event is organized by The PAGE, co-organized by Welbloom Bio-Tech and SEAbizs, and supported by NTBSA, MATRADE, R Pharmacy, and MADSA.
【Event Information】
Time: June 23, 2026, 09:30 – 14:00
Venue: The Zenith – Connexion Conference & Event Centre, Kuala Lumpur
Hashtag: #WelbloomBioTech
The issuer is solely responsible for the content of this announcement.
About Welbloom Bio-Tech
Welbloom Bio-Tech focuses on health supplement R&D, manufacturing, and dosage form innovation. Through forward-looking market foresight and robust R&D technologies, it provides one-stop services from formulation design and flavor development to manufacturing, assisting clients in Malaysia and Singapore to build highly competitive health supplements.
To learn more, please search “Welbloom” or click the link:
https://welbloom.com/malaysiaforum2026/
Media OutReach
Doing Good Index 2026: Asia’s US$753 Billion Philanthropic Potential Remains Unrealized
- Asia’s social sector is under strain: 78% of the 2,166 social delivery organizations (SDOs) surveyed report insufficient domestic funding.
- Asia is one of the fastest-growing regions for wealth creation, yet the policies and incentives needed to channel it toward social good are not keeping pace.
- Singapore has become the first economy to enter the “Doing Excellent” category, demonstrating what alignment across regulations, tax incentives, government partnerships and efforts to create a culture of giving can achieve.
- 84% of Asian SDOs surveyed apply the UN Sustainable Development Goals (SDGs) in their operations, pointing to their enduring value as a shared framework for coordination and collective action beyond 2030.
HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – Asia’s social needs are intensifying, and official development assistance is declining. Yet, while the region’s wealth is growing dramatically, the policies, incentives and partnerships needed to channel private capital toward social good are not keeping pace. That is a key finding of the Doing Good Index 2026, the fifth edition of CAPS’s flagship policy report, which assesses the enabling environment for private social investment across 17 Asian economies.
The report finds that while the enabling environment for private social investment is in place across much of the region, its effectiveness remains uneven. Improvements in registration processes and accountability mechanisms have been accompanied by persistent barriers, including restrictions on foreign funding, regulatory complexity, and inconsistent government engagement. In many cases, policies exist on paper but are not fully implemented in practice, limiting their impact.
At the same time, although trust in SDOs remains high across the region, broader ecosystem conditions, such as media sentiment, talent pipelines, and institutional support, are showing signs of strain. 81% of SDOs struggle to secure unrestricted funds for their work, while 73% report difficulty recruiting staff, constraining the sector’s ability to turn trust into impact.
“Asia has the wealth, the will, and in many economies, the foundations of a strong enabling environment. What is needed now is concerted, aligned effort to bring them together. The potential is enormous,” said Ruth Shapiro, Co-Founder and CEO, Centre for Asian Philanthropy and Society.
Even as Asia’s wealth continues to grow, the region faces significant and intensifying challenges across climate, education and health. Official development assistance is declining, and there is increasing pressure on domestic resources at precisely the moment demand for social services is rising.
If Asian economies were to contribute just 2% of GDP to philanthropy, as the United States does, it could generate an estimated US$753 billion annually for social good. That represents 15 times the official development assistance flowing into the region, and almost half the financing needed to hit the UN’s SDGs in Asia. But realizing that potential depends on strengthening the policies, incentives and partnerships that enable private capital to flow toward social good. The Doing Good Index 2026 finds that across much of Asia, those conditions are not yet in place.
“The world has changed dramatically, and Asia can no longer rely on others to address its social challenges. The Doing Good Index 2026 shows the region has the potential to meet this moment, but only if governments and philanthropists act together to build the conditions that make it possible,” said Ronnie Chan, Chairman, Centre for Asian Philanthropy and Society.
Singapore Shows What Alignment Can Achieve
Singapore has, for the first time, entered the top “Doing Excellent” category in the Doing Good Index 2026, reflecting years of deliberate effort to build a strong culture of philanthropy and civic engagement. Clear regulations, generous tax incentives, openness to foreign funding, and close collaboration between government and the social sector have created a strong enabling environment.
Singapore’s achievement demonstrates that when regulations, fiscal policy, ecosystem conditions and procurement work in concert, the outcomes are stronger. While no two economies will follow the same path, Singapore’s experience highlights the conditions that matter, such as the active promotion and alignment of philanthropy and giving across the whole of society.
The SDGs: Falling Short but Still Relevant in Asia
In the run-up to 2030, global progress toward the SDGs has fallen short of ambition, and Asia is no exception. Yet the Doing Good Index 2026 finds that 84% of SDOs continue to apply the SDGs in their work. Further, the rise of Environmental, Social and Governance (ESG) reporting has not displaced them, because most SDOs see the two frameworks as complementary rather than competing.
As the deadline approaches, the Index points to their enduring value not as a target but as a shared framework for strategy, coordination and collective action in the years ahead.
Other Findings from the Report
- Talent shortages persist for Asia’s social sector: more than 70% of SDOs face difficulty recruiting and retaining staff across Asia.
- AI adoption is happening, but usage remains limited: only 13% of surveyed SDOs report using AI regularly.
- 39% of SDOs say claiming tax benefits is difficult, suggesting administrative barriers may be limiting the impact of existing incentives for giving.
Hashtag: #CAPS #DoingGood #PrivateCapital #PublicGood #Philanthropy #Impact
The issuer is solely responsible for the content of this announcement.
About the Doing Good Index
Released biennially and now in its fifth edition, the Doing Good Index is CAPS’s flagship policy research that assesses the enabling environment for doing good in Asia: the systems, policies and practices that facilitate or constrain philanthropic giving and the deployment of this capital.
CAPS’s research team surveyed 2,166 social delivery organizations (SDOs) and conducted 132 interviews with sector experts across 17 Asian economies to provide a comparative, evidence-based view of where environments are supportive, where gaps persist, and how systems can be strengthened to better mobilize private resources for public good.
The Index looks at indicators under four sub-indexes: regulations, tax and fiscal policy, ecosystem, and government procurement, which provide an understanding of the specific measures economies have taken to catalyze philanthropic giving and promote social sector development.
Since its inception, the Index has been an essential resource for policymakers, philanthropists, and nonprofit leaders seeking to understand and improve the conditions for giving across the region.
For more information,
download the report and visit
the Doing Good Index 2026 dedicated microsite.
About the Centre for Asian Philanthropy and Society (CAPS)
Established in 2013 and working across more than 17 economies in Asia, the Centre for Asian Philanthropy and Society (CAPS) is a nonprofit organization committed to improving the quantity and quality of philanthropic and private giving throughout Asia. Our mission is to maximize private capital for public good, conducting research, advisory, convening and capacity building to engage philanthropists, foundations, family offices, corporates, government bodies, social sector organizations and experts on best practices, models, policies and strategies to facilitate private giving and social investment in the region. For more information, visit
www.caps.org and
LinkedIn.
Media OutReach
Frost & Sullivan White Paper Names Phancy Rise vGPU a Tier 1 Leading Platform
Rise vGPU + ModelHub Power China’s AI into the Heterogeneous Orchestration Era
HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – Frost & Sullivan, a globally renowned growth consulting firm, has released its “2026 AI Infrastructure Orchestration Platform White Paper”. The report recognizes Phancy Group’s Rise vGPU as a Tier 1 Leading Platform, the highest maturity tier in heterogeneous GPU orchestration. Phancy’s ModelHub also achieved the highest Overall Score in the enterprise-grade model management platform evaluation. This marks a significant endorsement of Phancy’s technological capability in heterogeneous AI infrastructure.
According to the white paper, as large model applications scale rapidly, China’s AI industry is facing structural challenges stemming from multi-chip coexistence. These include hardware heterogeneity, fragmented software stacks, persistently low GPU utilization (generally below 30%), and rising model adaptation complexity — all of which have become major bottlenecks for enterprise-scale AI deployment.
The report highlights a fundamental shift in AI infrastructure competitiveness – moving away from “single-chip performance” toward “cluster-scale system coordination.” At this critical juncture, Phancy has positioned itself as a leader in advanced orchestration through its full-stack AI infrastructure platform, offering a proven solution to heterogeneous compute challenges and helping drive China’s AI industry from “compute accumulation” into a new era of “compute orchestration.”
Phancy Rise vGPU: Tier 1 Leading Platform
In its assessment of mainstream AI infrastructure platforms, Frost & Sullivan defined Tier 1 criteria across three core dimensions: heterogeneous support, fine-grained control, and production-grade execution. Phancy Rise vGPU meets all three standards and has been recognized as a Tier 1 Leading Platform.
Rise vGPU transforms AI infrastructure from fragmented, low-efficiency device-level management to a unified software-defined control plane. Its key technology breakthroughs include:
- Comprehensive Heterogeneous Management: Unified onboarding and management across more than 10 mainstream GPU/NPU vendors, including NVIDIA, Ascend, Cambricon, Hygon, and others.
- Ultra-Fine Resource Partitioning: Industry-leading sub-GPU level compute and MB-level memory granularity slicing.
- Significant Utilization Improvement: Through safe oversubscription and time/space multiplexing, GPU utilization is increased from industry averages below 30% to 70%-90%.
- Intelligent Precision Scheduling: Multi-dimensional scheduling algorithms based on priority, topology, load, and resource awareness to achieve optimal compute allocation.
- Production-Grade SLA Assurance: The Deterministic Execution Layer delivers committed and auditable SLA guarantees for critical inference workloads.
- Full Lifecycle Operability: Comprehensive monitoring, metering, and cost allocation capabilities that turn GPU resources into truly operable digital assets.
Model Hub: Highest Overall Score in Model Management Platform Evaluation
Beyond compute orchestration, the report underscores the strategic importance of enterprise-grade model management platforms. As a powerful complement to Rise vGPU, Phancy ModelHub enables enterprises to build a complete full-stack AI infrastructure — from compute to models and from resource scheduling to business delivery.
The white paper notes that Phancy ModelHub delivers leading performance in key areas such as Model & Chip Compatibility, Execution Stability & Performance, and Model-GPU Coordination & Scheduling, achieving the highest Overall Score. Through its unified model management and execution platform, ModelHub creates a seamless closed-loop process covering model onboarding, deployment optimization, inference services, and version governance — significantly lowering the barrier to model deployment and accelerating AI innovation.
Dr. Dai Wenyuan, Founder & CEO of Phancy, said: “The Frost & Sullivan white paper accurately captures the inflection point in AI infrastructure development. The recognition of Rise vGPU as a Tier 1 Leading Platform and ModelHub’s top Overall Score provide important authoritative validation of Phancy’s technology strategy and product strength. As a full-stack AI cloud service platform, Phancy believes the next wave of competitiveness in the AI industry will come from systematic improvements in compute orchestration efficiency. We will continue to focus on heterogeneous compute unified scheduling and model ecosystem operations, working closely with customers and industry partners to advance China’s AI industry from ‘compute accumulation’ to a true ‘compute orchestration’ era.”
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include Rise vGPU, ModelHub and SageAIOS, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”
Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
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