June 25

Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities

Malaysia-based earned-wage access (EWA) service provider Paywatch has raised $30 million in funding from a mix of equity and credit facilities to supercharge its growth.

Paywatch said in a statement on Monday that it received over $14 million in Series A equity investment, led by Third Prime and a consortium of US investors, including Vanderbilt University and University of Illinois Foundation, with participation from new investors Octagon Venture Partners and Wooshin Venture Investment Corp.

Photo courtesy of UN Women.

Source: TNGlobal (link opens in a new window)

Finance, Technology
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