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Singapore-based fintech firm UNOAsia secures $32.1M pre-series B funding for expansion

Feb 21, 2024almost 2 years ago

Amount Raised

$32.1 Million

Round Type

series b

SingaporeFinancial Services

Investors

Nextinfinity ManagementCreador Private EquityGateway Partners

Description

Singapore-based fintech firm UNOAsia secures $32.1M pre-series B funding for expansion. The funding round represents a blend of equity and debt, aimed at solidifying UNO Digital Bank’s presence in the Philippines and accelerating its investments in pioneering technology.

Company Information

Company

UNO Digital Bank

Location

Singapore

About

UNOAsia is one of the primary incorporators of UNO Digital Bank. The company plans to expand it’s digital bank platform across key markets in South and South East Asia.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech