Asian family offices, Insignia bless YouTrip with US$25.5m pre-Series A funding
Add BT as a preferred source
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
