Thursday
August 2
2018

Experian leads USD 28 mln investment to drive financial inclusion across Southeast Asia

Experian has led a USD 28 million Series C investment in C88 Financial Technologies Group(C88) to drive financial inclusion in Southeast Asia.

C88 is a Singapore-based fintech company, with operations in Indonesia’s CekAja.com and Philippines’s eCompareMo.com. The fintech is also opening a third marketplace in Thailand. Other investors in the Series C round include responsAbility Investments AG, DEG, InterVest, FengHe Fund Management, Pelago Capital and Fuchsia Venture Capital as well as existing investors Monk’s Hill Ventures, Telstra Ventures, Kickstart Ventures and Kejora Ventures.

Photo courtesy of lirneasia.

Source: The Paypers (link opens in a new window)

Categories
Finance, Investing
Tags
digital finance, digital payments, financial inclusion, fintech, venture capital