CEO projects next funding round to be in 12 to 18 months time, with IPO in 2022/23 A key company under MDEC’s Global Acceleration Innovation Network (GAIN)
“Those with the most evidence of progress and market potential ultimately get the most interest,” said managing partner Khailee Ng
Round was led by SBI Holdings, Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech Holdings Group, Kejora Ventures.
Singapore-headquartered fintech aims to drive financial inclusion across Southeast Asia.
Partnership between MDEC and Yacademy aims to ensure collaboration among nations to foster the SEA startup ecosystem.
Kejora Ventures, backed by the Charoen Pokphand Family, Meitu chairman Cai Wensheng and Welight Capital, founded by former Tencent executives, participated in this funding round.
Global Ventures Summit 2017 will play host to VCs, angel investors, corporates and LPs.