Total financial services industry cross border venture financing deals worth $616m were announced in Asia-Pacific in June 2021, led by $167m venture financing of Voyager Innovations, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 26.9% over the previous month of $842.21m and a rise of 135.5% when compared with the last 12-month average of $261.61m.

Asia-Pacific held an 18.72% share of the global financial services industry cross border venture financing deal value that totalled $3.29bn in June 2021. With a 5.08% share and deals worth $167m, the Philippines was the top country in Asia-Pacific’s cross border venture financing deal value across financial services industry.

In terms of cross border venture financing deal activity, Asia-Pacific recorded 27 deals during June 2021, marking an increase of 92.86% over the previous month and a rise of 145.45% over the 12-month average. India recorded eight deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Asia-Pacific financial services industry cross border venture financing deals in June 2021: Top deals

The top five financial services industry cross border venture financing deals accounted for 73.05% of the overall value during June 2021.

The combined value of the top five financial services cross border venture financing deals stood at $450m, against the overall value of $616m recorded for the month.

The top five financial services industry cross border venture financing deals of June 2021 tracked by GlobalData were:

1) IFC Financial Institutions Growth Fund (FIG Fund), Kohlberg Kravis RobertsLP, PLDT and Tencent- Assets’ $167m venture financing of Voyager Innovations

2) The $100m venture financing of Amber Group by Arena Holdings, Blockchain Luxembourg, China Renaissance Partners, Coinbase Ventures, DCM Ventures, Gobi Partners, Pantera Capital Management, Sky9 Capital, Tiger Brokers, Tiger Global Management and Tru Arrow Partners

3) Nityo Infotech, NTT Investment Partners Fund and Singapura Finance’s $100m venture financing of MatchMove Pte.

4) The $45m venture financing of SD2C Insurance Broking by Apis Partners, IIFL Wealth Managment and Lok Capital

5) Elevation Capital (India), General Catalyst Partners, Global Founders Capital, Greenoaks Capital Management, Rocketship VC, Sequoia Capital India, Venture Highway and Y Combinator Management’ venture financing of Fampay Solutions for $38m.