163 view s
Photo from press release./

YUP raises US$30m in Series B funding round

It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.

Credit payment platform YUP has secured US$30m in equity investment, doubling its valuation.

The round was led by Hong Kong-based venture capital firm MindWorks Capital, with participation from XVC, SWC Global, Richen Pioneer, and Antao Capital.

The funds will be used for market expansion in Southeast Asia and the acquisition of an Indonesian banking licence.

YUP was established by Singaporean startup Finture.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!