- Singapore-based fintech YouTrip secures $50 million in Series B funding led by Lightspeed.
- Total funding to date surpasses $100 million, following a $30 million Series A in December 2021.
- YouTrip, established in 2018, offers multi-currency mobile wallets, remittance services, and corporate cards for SMEs.
- Plans to expand across Southeast Asia, targeting Indonesia, Vietnam, the Philippines, and Malaysia.
- Focus on enhancing wallet features and technology investment for future growth.
- CEO Caecilia Chu sees strong potential in B2C and B2B payment sectors, even amid the pandemic.