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Singapore-based fintech Tazapay raises US$16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia - Vimarsana News

Singapore-based fintech Tazapay raises US$16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia

SINGAPORE, Feb. 9, 2023 /PRNewswire/ --Tazapay, a leading fintech company specialising in cross-border payments, announced today that it has raised USD 16.9 million in its Series A funding round. Sequoia Capital Southeast Asia led the round, with EscapeVelocity (escp.vc), PayPal Alumni Fund as well as renowned angel investor Gokul Rajaram joining as new investors. Existing investorsFoundamental, January Capital, RTP Global and Saison Capital also participated in this round. Tazapay plans to use the funds to further scale its business across Asia and expand in other regions where the company is...

Portfolio Diversification And Its Benefits - Vimarsana News

Portfolio Diversification And Its Benefits

However, you may not win in the long run, if you experience a decline in your portfolio then diversification helps to avoid this negative scenario.