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Asian family offices, Insignia bless YouTrip with US$25.5m pre-Series A funding

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Sharanya Pillai

Sharanya Pillai

Published Thu, May 16, 2019 · 09:50 PM

    Singapore

    IT MAY seem unconventional for an early-stage startup to receive strong backing from family offices. But YouTrip, a Singapore-based mobile wallet operator, sees this "patient capital" as a strength as it embarks on South-east Asian expansion.

    On Thursday, the fintech startup announced US$25.5 million in pre-Series A funding round from "major Asian family offices" alongside venture firm Insignia Ventures Partners.

    YouTripFintechStartup fundingInsignia Ventures Partners

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