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Fintech Capital C raises funds for SEA ‘super app’ launch

Singapore’s Capital C Corporation has secured a pre-series A funding round.

Investments came from Phillip Private Equity, Azure Capital, and various high-net-worth individuals.

The fintech company plans to use the new funds to expand its reach across Southeast Asian markets.

They aim to develop a comprehensive financial services “super app.”

Recent fintech developments

Timeline
02-Jan-2024 🚀 Fintech and ecommerce lead the way in SEA’s turbulent tech year
  • 2023 saw 39% drop in Southeast Asian startup funding
  • Optimism for 2024 recovery in investments and sectors
21-Nov-2023 💰 Fintech firm Kiwi banks $13m to expand UPI-linked credit card offering
  • Kiwi secures $13M funding from Omidyar Network.
  • Aims to onboard 500K users with credit on UPI.
27-Jul-2023 💼 Fintech firm Packworks appoints ex-CEO of Lazada PH to board of advisors
  • Ray Alimurung joins Packworks advisory board
  • Packworks serves 200,000+ sari-sari stores in PH
24-May-2023 💰 Fintech builder shows why being profitable – and some gray hair – helps you snag big clients
  • Moneythor founders leverage fintech expertise.
  • Started with no-free concepts, now profitable since 2013.
03-Mar-2023 📉 Fintech firm Fazz slashes jobs, freezes co-founders’ salaries
  • Fazz conducts layoffs amidst business reorganization
  • Affected staff to receive severance and support

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