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S Korean Fintech Firm Chai’S Sg Unit Raises $28.4M In Series B+ Round

S Korean Fintech Firm Chai’S Sg Unit Raises $28.4M In Series B+ Round

12/20/21, 12:15 AM
Money raised
$28.4 million
Round Type
series b
Singapore-registered Chai Pay, a unit of Seoul-based fintech firm CHAI, has raised $28.4 million in Series B+ funding round, according to the company’s filings with the Accounting and Corporate Regulatory Authority (ACRA).

Company Info

Company
Sg
Additional Info
Founded by Eugene Lim YJ in 2019, the startup currently runs 350 rooms across the city-state, with 200 more rooms in the pipeline. See also: Two models emerge from latest wave of co-living startups in IndonesiaThe company had secured four more buildings in August under management contracts.