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Singapore fintech startup Silot raises nearly US$3m in pre-Series A funding

The company will use these funds from Arbor Ventures and Eight Roads Ventures to expand in the region

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Silot now provides its proprietary Silot Banking Platform (SBP), which connects the silos of payments, on-boarding, operations and anti-fraud or anti-money laundering. Its founder and CEO is Andy Li (extreme left).

Singapore

SINGAPORE-headquartered fintech company Silot has raised some US$2.87 million from investors Arbor Ventures and Eight Roads Ventures with the completion of its pre-Series A funding.

Arbor Ventures is a global early-stage venture capital firm, while Eight Roads Ventures is

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