Finantier, a Singapore-based open finance startup, has raised 7-figure seed capital in a new funding round led by Global Founders Capital (GFC) and East Ventures (EV).
Existing investors AC Ventures, Y Combinator, Genesia Ventures, Two Culture Capital, besides new investors such as Future Shape, Partech Partners, Taurus Ventures, Saison Capital, and GMO VenturePartners, also participated.
The round was raised at more than 20x the valuation the company received for its pre-seed funding in November 2020, as per a company statement.
Finantier intends to use the money to scale and enhance its product offerings within Indonesia, expand to the Philippines, Thailand, and Vietnam, and double its team size.
