
JAKARTA, INDONESIA, 19th August 2024 - Finture, a Singapore-based Fintech company and operator of credit payment platform YUP, has raised nearly $30 million in a Series B round of financing.
It looks to ramp up forays into new markets including Hong Kong in the next few years.
Asia-focused venture capital (VC) firm Mindworks Capital, Finture’s existing investor, led this pure-equity Series B financing.
SWC participated in this financing round together with Beijing-based XVC, Richen Pioneer and Antao Capital.
Finture secured the new financing five months after it began fundraising in early March. Its valuation doubled from about 12 months ago when the startup raised an XVC-led $20-million Pre-Series B round in 2023.