Payments industry cross border venture financing deals total $1.8bn in Asia-Pacific in Q3 2021

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ed by a $370m 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.

The value represents 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.

Top deals Q3 2021

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

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

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