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 theedgesingapore.com)