Thursday, November 21, 2024
8.4 C
New York

FinAccel: Raised $90m funding round

FinAccel: Singapore HQ, raised $90m in a Series C funding round

  • Led by Mirae Asset and Naver’s Asia Growth Fund, and Stripe-backer Square Peg
  • Other backers in the round included Singtel Innov8, Kejora Intervest, and Cathay Innovation etc
  • The round brings FinAccel’s total capital raised this year to more than $200 million
  • FinAccel’s vision to build a wide set of financial services that are fast, affordable and accessible for millions of customers in the region
  • Funding will use to double down on growth in the region, hire new talent and also expand financial services
  • Funding round also make access to loans easier for people throughout Southeast Asia

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...

Related Articles

Popular Categories

spot_imgspot_img