YouTrip raises record US$25.5 mil pre-series A to expand its platform across Asean

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SINGAPORE (May 16): YouTrip, Singapore’s first multi-currency mobile wallet with a prepaid Mastercard which was jointly developed by EZ-Link, has raised US$25.5 million (S$34.9 million) in its latest pre-Series A fundraise.

This marks the largest pre-Series A funding round for a fintech startup operating in Southeast Asia.

Participating investors include major Asian family offices and venture capital firm Insignia Ventures Partners, founded by ex-Sequoia Partner Yinglan Tan.

YouTrip was launched in Aug 2018 and has since been allowing users to pay in over 15 currencies with no...(click on link for full story on