StashFin, a Singapore-based neo-banking start up, introduced the profitable ending about the expansion over its Series B fairness financing over US$ 40 million.
Tushar Aggarwal, Founder and CEO of StashFin said, “We are sitting on a unique opportunity to enable millions of consumers to get closer to their dreams and improve financial inclusion. South Asia is on the cusp of a financial revolution. Our mission is to use technology to enable frictionless banking and services.
We are excited to join hands with our new equity partners to pursue this neo banking mission and grateful for the continued support from our existing investors. During these difficult times, most aspiring consumers can avail the credit line to study further or serve immediate family needs for health and everyday consumption.”
New buyers taking part among the spherical consist of Altara Ventures and Uncorrelated Ventures with preceding investments out of Integrated Capital, Kravis Investment Partners, Saison Capital or Tencent Cloud Europe BV. Existing buyers additionally participated into the spherical including Alto Partners, Snow Leopard Ventures or Positive Moves. Stash Fin suggested that that plans in imitation of uses the capital in imitation of ensue neo banking across South Asia, duplicate under concerning its diagram in conformity with grow into present markets then improve the client stage for local languages.
