Led by $370m venture financing of BharatPe, total payments industry cross border venture financing deals worth $1.8bn were announced in Asia-Pacific in Q3 2021, according to GlobalData’s deals database.

Go deeper with GlobalData

Data 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 an increase of 49.2% over the previous quarter and a rise of 157.2% when compared with the last four-quarter average of $695.91m.

Asia-Pacific held a 26.48% share of the global payments industry cross border venture financing deal value that totalled $6.76bn in Q3 2021. With a 5.58% share and deals worth $377.1m, India was the top country in Asia-Pacific’s cross border venture financing deal value across payments industry.

In terms of deal activity, Asia-Pacific recorded 25 cross border deals during Q3 2021, marking a flat growth over the previous quarter and a rise of 40.85% over the last four-quarter average. Singapore recorded seven 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 payments industry cross border venture financing deals in Q3 2021: Top deals

The top five cross border venture financing deals accounted for 65.5% of the overall value during Q3 2021.

The combined value of the top five payments cross border venture financing deals stood at $1.17bn, against the overall value of $1.8bn recorded for the quarter.

The top five payments cross border deals of Q3 2021 tracked by GlobalData were:

1) Amplo,Coatue Management,Dragoneer Investment Group,Insight Partners,Ribbit Capital,Sequoia Capital India,Steadfast Capital and Tiger Global Management $370m venture financing deal with BharatPe

2) The $250m venture financing of VNLIFE Corporation Joint Stock by Dragoneer Investment Group,EDBI,General Atlantic Service Company,GIC,PayPal Ventures and SoftBank Vision Fund 1

3) Arjun Sethi,Atinum Investment,Beacon Venture Capital,Rajaram Family Trust,Riverwood Capital,Rocket Internet,Temasek Holdings (Private),Vertex Growth Fund,Vicky Bindra and Visa $200m venture financing deal with NIUM

4) The $200m venture financing of Airwallex by 1835i Ventures,DST Global,G Squared,Lone Pine Capital,Salesforce Ventures,Sequoia Capital China and Vetamer Capital Management

5) Accel,Amasia Ventures,Goat Capital and Tiger Global Management $150m venture financing deal with Xendit