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A Singapore-based fintech firm raised $7m in its series A round
“Singapore-based fintech firm Dltledgers has completed a series A funding round, which closed with a total of US$7 million,” The Business Times reported.
Details:
- Regis and Savoy Capital, Vittal, Walden International, and other industry veterans led the funding round.
- The funding will go toward the company’s geographical expansion plans and the projects of its product and engineering teams.
Context:
- Dltledgers is a blockchain platform that helps banks and corporations authenticate documents.
- To support its growth plans, the company said it plans to migrate its platform to Corda, a global blockchain ecosystem built for enterprise use, in order to boost security and transparency.
Editing by Collin Furtado and September Grace Mahino
(And yes, we’re serious about ethics and transparency. More information here.)
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