SUBSCRIBERS

Tryb seeks funds for fintechs already in a good place

Investment holding company hopes to raise US$100m to invest in mid-market fintechs which are cashflow positive and have turnovers of US$5m to S$10m

Published Tue, May 9, 2017 · 09:50 PM

Singapore fintech

Singapore

A UNIQUE fintech investment firm that counts the former chief executive of the Singapore Exchange (SGX) as a founding partner hopes to raise US$100 million this year to invest in mid-market fintech companies seeking growth in this part of the world.

It is a market segment ripe for the picking, said Magnus Bocker, who left SGX in 2015 for Singapore-based Tryb Capital. The company has been in operation for about a year now, and he is also its chairman.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes