Sg Fintech Firm Rakes In $25M More In Series A Extension Round
12/17/21, 5:14 AM
Money raised
$25 million
Round Type
series a
Sleek, a Singapore-based fintech firm, has raised an additional US$25 million in a series A extension round that was joined by EDBI and some existing investors. The round comes after Sleek raised US$14 million in its series A round led by White Star Capital and Jungle Ventures last month.
Company Info
Additional Info
The startup built a back-end operating system platform that handles everything from incorporation, government, accounting, taxes and visas to regulatory compliance. The startup doubled its client portfolio size during the pandemic; the interesting point is Sleek clients appear to be less impacted by the overall economic turmoil, Barthel told TechCrunch. The company is also planning to release products addressing remittances and card issuance. French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong.