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Singaporean fintech bags $29M for PHL expansion

SINGAPORE-based spend management-platform provider Volopay.Co Pte. Ltd. has raised $29 million from leading blue-chip investors that will fuel its entry to the Philippine market in the second quarter of 2022. Its foray into the domestic market aims to address two of the most pressing problems that micro, small and medium…
Rajith Shaji Rajesh Raikwar Volopay Co Pte Philippine Statistics Authority

Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A – TechCrunch

Volopay, a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa.  To date, Volopay has raised approximately $31.4 million since its inception in 2019, which includes its $2.1 million seed round last January, co-founder […]
Saudi Arabia Rajith Shaji Rajesh Raikwar Jeffrey Cruttenden Justine Maeteen Middle East

Volopay raises $29 million for Apac and Mena expansion

Contrary to popular belief, the way businesses manage their money is broken. With no clear view of their financial health, it is essential to implement order via modernization, automation, and enhancement of existing workflows and processes providing synchronal visibility. Volopay, a Y Combinator-backed Singapore-based corporate cards, and payable management startup are poised to tackle and fix th...
Rajith Shaji Michael Shum Rajesh Raikwar Justin Mateen Jeffrey Cruttenden Winklevoss Capital Management

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Volopay raises $2.1m USD seed funding, expands into Australia

"The whole process is broken. I would spend hours noting down each individual spend and then have to reconcile it with receipts. Once submitted through the company’s expense platform, I would wait a whole month before being reimbursed the funds," said Volopay CEO Rajith Shaji. Integrating Airwallex’s APIs to better serve customers "To fast track our customer offering, we’ve chosen to integrate with fintech giant Airwallex’s API suite. We were impressed by how easy Airwallex’s API tech...
Rajith Shaji Dave Stein Rajesh Raikwar Justin Mateen Airwallex Apis Corporate Development At Airwallex

Singapore-based Volopay raises $2.1 million seed round to build a "financial control center" for businesses – TechCrunch

Singapore-based Volopay raises $2.1 million seed round to build a ‘financial control center’ for businesses Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, and included participation from Soma Capital, CP Ventures, Y Combinator, VentureSouq, the founders of Razorpay, Antler and other angel investors. The funding will be used on hiring...
Rajith Shaiji Rajesh Raikwar Justin Mateen Airwallex Apis Soma Capital Smart Karma

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