Multi-currency e-wallet YouTrip secures US$25.5m funding

The Singapore-based mobile wallet plans to expand its multi-currency across Southeast Asia YouTrip, Singapore’s first multi-currency mobile wallet with a prepaid Mastercard® that offers zero transaction fees across 150+ currencies at wholesale exchange rates, announced that it has raised US$25.5 million Pre-Series A funding. The round was participated by major Asian family offices and venture […] The post Multi-currency e-wallet YouTrip secures US$25.5m funding appeared first on e27.


16 May, 2019E27.CO

BEAM - Multi-currency e-wallet YouTrip secures US$25.5m funding | BEAM

The Singapore-based mobile wallet plans to expand its multi-currency across Southeast Asia

YouTrip, Singapore’s first multi-currency mobile wallet with a prepaid Mastercard®
that offers zero transaction fees across 150+ currencies at wholesale exchange rates, announced that it has raised US$25.5 million Pre-Series A funding. The round was participated by major Asian family offices and venture capital firm Insignia Venture Partners, founded by ex-Sequoia Partner Yinglan Tan.

The company said that it will use the funding to drive the development of YouTrip’s technical payment infrastructure, to launch of new product features, and proceed with its regional expansion plans in Southeast Asia....

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