Eduardo Saverin’s B Capital backs $41m round of Zipmex

Singapore-based Zipmex, a digital asset exchange platform for cryptocurrencies, raised US$41 million in a recent funding round.

More funding details

• Lead investors: B Capital, TNB Aura
• New investors: V Ventures, Bank of Ayudhya’s Krungsri Finnovate, Plan B Media, Master Ad, and MindWorks Capital
• Returning investors: Jump Capital
• Stage: Series B

More company updates

• This is the firm’s second fundraise this year, following its US$6 million series A round in January that was led by Jump Capital.
• Zipmex is looking to diversify its offering while boosting its technological capability and talent pool.
• Representatives from B Capital and TNB Aura will be joining Zipmex’s board as part of the deal.
• Zipmex is set to launch a Visa-backed payment card later this year, expanding spending options for its users.

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.