Finture's YUP raised $30M in a Series B funding round led by MindWorks Capital to support market expansion in Southeast Asia and prepare for acquiring a banking license in Indonesia.
Sep 11, 2024•about 1 year ago
Amount Raised
$30 Million
Round Type
series b
Investors
Antao CapitalRichen PioneerSwc GlobalXvcMind Works Capital
Description
Finture, a Singapore-based fintech company, has successfully raised $30 million in its Series B funding round. The funding will be utilized for expanding market presence in Southeast Asia and working towards acquiring a banking license in Indonesia.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech