Neobanking Fintech StashFin Secures $40M via Series B Extension led by Prominent Global Investros
Singapore-headquartered neo-banking platform
StashFin has finalized a Series B extension equity financing valued at $40 million from several international investors.
New investors taking part in StashFin‘s investment round included Altara Ventures and Uncorrelated Ventures along with contributions from investors such as Integrated Capital, Kravis Investment Partners, Saison Capital, and Tencent Cloud Europe BV.
Existing investors that took part in StashFin’s round include Alto Partners, Snow Leopard Ventures, and Positive Moves.
Established in 2016, StashFin provides a pre-paid ‘Credit Line Card’ through a partnership with payments giant Visa. The card allows clients to access it from almost anywhere from $10 to $6000 in credit – which may be repaid in flexible monthly installments while incurring zero annual fees. Users can take advantage of lower interest rates with a r
StashFin, a Singapore-based neo-banking startup, announced the successful completion of the extension of its Series B equity financing of US$ 40 million.
New investors participating in the round include Altara Ventures and Uncorrelated Ventures with previous investments from Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV.
Existing investors also participated in the round including Alto Partners, Snow Leopard Ventures and Positive Moves.
StashFin said that it plans to use the funds to pursue neobanking across South Asia, double down on its plan to grow in existing markets and strengthen the customer platform for local languages.
Tushar Aggarwal
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Singapore s StashFin completes US$40 million equity raise 1 hour ago
1 Singapore-based neo-banking startup StashFin has completed a Series B Extension equity financing of US$40 million from a clutch of global investors. New investors participating in the round include Altara Ventures and Uncorrelated Ventures with previous investments from Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV. Existing investors also participated in the round including Alto Partners, Snow Leopard Ventures and Positive Moves.
Singapore-Based Neobanking Startup to Expand in South Asia finews.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finews.asia Daily Mail and Mail on Sunday newspapers.
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Singapore-based neo-banking startup StashFin has announced the successful completion of Series B extension equity financing of $40 million from a clutch of global investors. New investors participating in the round include Altara Ventures and Uncorrelated Ventures with previous investments from Integrated Capital, Kravis Investment Partners, Saison Capital, and Tencent Cloud Europe BV. Existing investors also participated in the round including Alto Partners, Snow Leopard Ventures, and Positive Moves.
The company plans to use the funds to pursue neo-banking across South Asia, double down on its plan to grow in existing markets, and strengthen the customer platform for local languages.