Asian WealthTech funding dropped by 58% YoY in Q3 as investors grew cautious

Asian WealthTech funding drop Q3 2025

Key Asian WealthTech investment stats in Q3 2025:

  • Asian WealthTech investments dropped by 58% YoY in Q3
  • Average deal value dropped by 49% to $15.1m as investors grew cautious
  • FinBox, a Bengaluru-based WealthTech and credit infrastructure platform, secured one of the biggest Asian WealthTech deals of the quarter with a $40m Series B funding round

Asian WealthTech investments dropped by 58% YoY in Q3

In Q3 2025, the Asian WealthTech sector experienced a decline in overall funding but maintained stable deal activity compared to the same quarter last year.

A total of 31 deals were recorded in Q3 2025, only slightly lower than the 32 deals completed in Q3 2024, representing a 3% decrease year-on-year.

However, total funding dropped sharply, with WealthTech firms raising $469.6m in Q3 2025—a 58% fall from the $1.1bn raised in Q3 2024.

It is worth noting that Q3 2024 included two deals exceeding $300m each, which significantly inflated that quarter’s total.

When excluding these outliers, funding in Q3 2024 would have stood closer to $531.2m, meaning that the decline from last year reduces to just 12%.

This demonstrates that while headline figures suggest a steep contraction, market activity has remained relatively stable once large, lumpy transactions are accounted for.

When comparing Q2 to Q3 2025, the number of deals rose from 22 to 31, marking a 41% quarter-on-quarter increase, signalling renewed investor engagement across the region.

Total funding also increased by 87% from $251.5m in Q2 2025, reflecting a strong rebound in capital deployment even as investors continued to prioritise smaller, strategic rounds.

Average deal value dropped by 49% to $15.1m as investors grew cautious

The average deal value in Q3 2025 was $15.1m, a 49% decline from the $29.1m average recorded in Q3 2024 and a modest 33% rise from the $11.4m average in Q2 2025.

This trend indicates that while deal activity has rebounded, investor caution persists, with a focus on mid-sized investments rather than the large-scale funding rounds that characterised the previous year.

FinBox, a Bengaluru-based WealthTech and credit infrastructure platform, secured one of the biggest Asian WealthTech deals of the quarter with a $40m Series B funding round

The round was led by London-based WestBridge Capital, alongside participation from Aditya Birla Ventures and A91 Partners.

Founded by the former product team of GoPigeon, FinBox enables digital platforms and financial institutions to embed and manage credit products such as BNPL, personal loans, working capital finance, and invoice discounting.

Partnering with major Indian lenders including HDFC Bank, Kotak Mahindra Bank, and Tata Capital, FinBox provides a robust infrastructure that powers digital credit offerings across retail and SME segments.

The new funding will accelerate the firm’s global expansion and drive advancements in its AI-driven wealth and lending technologies, including the development of agentic AI workflows and an enhanced fraud intelligence suite.

By combining advanced analytics, automation, and risk management tools, FinBox continues to strengthen its position as a key enabler in digital wealth creation and financial inclusion across emerging markets.

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