SG fintech firm banks $14m in series A money

Singapore-based fintech startup Sleek has raised US$14 million in its latest round of funding.

More funding details

• Lead investors: White Star Capital and Jungle Ventures
• Stage: Series A

More company updates

• The company will use the funds for tech and product development, hiring, and expansion into existing and new markets.
• Sleek was founded in 2017 by ex-Sephora chief marketing officer Adrien Barthel and Julien Labruyere, who previously worked as the vice president of Flybits’ operations in the Asia-Pacific region.
• The platform streamlines, automates, and integrates company setup, financial and regulatory reporting, bookkeeping, and banking services.
• Sleek manages a portfolio of over 5,000 companies, which collectively generated about US$700 million in revenue and processed over 1.4 million bookkeeping transactions in 2020.
• Since its launch, Sleek has established offices in Hong Kong, Australia, the UK, and the Philippines.
• The company is also planning to release products addressing pain points in remittances and card issuance.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.