India leads APAC fintech funding in H1 2026
India emerged as the largest fintech investment destination in the Asia-Pacific region in the first half of 2026, attracting $2 billion across 101 deals, according to a report by KPMG.
The growth occurred even as overall fintech investment across APAC declined sharply during the period, pressured by valuation concerns, regulatory shifts and geopolitical uncertainty, the report noted.
Implications for stakeholders
- Investors and fintech firms: The concentration of funding in India suggests continued appetite for Indian fintechs amid a softer APAC funding environment.
- Regulators and policymakers: The divergence within APAC may influence regulatory focus on fintech activity, valuations and cross-border capital flows.
- Market outlook: The first-half trend indicates India as a pivotal funding destination within a changing regional landscape.
The KPMG report provides the cross-regional context for funding activity in H1 2026, highlighting a contrast between India’s fundraising momentum and a broader APAC slowdown.