Key Asian RegTech investment stats in Q1 2025:
- Asian RegTech deal activity grew by 28% QoQ in Q1
- Indian companies topped Asian RegTech deal activity as they secured 35% of the deals in the first quarter
- Protectt.ai, a leading Mobile Threat Defense (MTD) cybersecurity company focused on AI-powered mobile app and transaction security, closed one of Asia’s largest RegTech deals this quarter with an $8.8m Series A funding round
Asian RegTech deal activity grew by 28% QoQ in Q1
In Q1 2025, the Asian RegTech market saw a continued decline in both funding and deal activity, highlighting sustained investor caution across the region.
The sector raised $41m during the quarter, down 28% from the $57m recorded in Q4 2024 and a sharp 66% drop from the $121m raised in Q1 2024.
Deal volume stood at 23, which represents a 28% increase from the 18 deals recorded in Q4 2024 but still marks a 30% decrease compared to the 33 deals seen in Q1 2024.
This mixed movement—with slightly improved deal activity QoQ but declining YoY funding—underscores the subdued sentiment in the Asian RegTech landscape, with limited capital deployment and a shrinking pipeline of high-value investments.
Indian companies topped Asian RegTech deal activity as they secured 35% of the deals in the first quarter
India emerged as the most active RegTech market in Asia during Q1 2025, completing eight deals (35% share), up from nine deals (24% share) in Q1 2024.
Japan followed with five deals (22% share), maintaining a stable presence compared to its 16% share last year.
China, which had led the region in Q1 2024 with 12 deals (32% share), saw a significant pullback, dropping to just three deals (13% share).
South Korea also completed three deals (13% share), re-entering the top tier after not appearing among the leading markets in Q1 2024.
These shifts suggest a realignment in regional focus, with India strengthening its relative position while China experiences a sharp decline in RegTech deal activity.
Protectt.ai, a leading Mobile Threat Defense (MTD) cybersecurity company focused on AI-powered mobile app and transaction security, closed one of Asia’s largest RegTech deals this quarter with an $8.8m Series A funding round
The round was led by Bessemer Venture Partners.
The capital will accelerate the company’s global expansion and fuel innovation in AI-driven security solutions that proactively defend mobile applications against fraud and cyber threats.
As a comprehensive compliance and cybersecurity platform, Protectt.ai enables continuous real-time monitoring of defence configurations, threat events, and security postures, ensuring seamless audits and adherence to evolving regulatory frameworks from bodies such as the RBI, SEBI, and NPCI.
The platform, already protecting over 300m smartphones and processing more than 2bn mobile app sessions monthly, prevents an estimated 200m fraud and cyber incidents each month across sectors including banking, insurance, FinTech, and government services.
With revenue growth over the past three years, Protectt.ai is redefining mobile RegTech by enabling always-on security, intelligent automation, and audit-ready compliance in an increasingly mobile-first digital economy.
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