Experian leads $28M investment in Southeast Asia fintech startup C88

Experian leads $28M investment in Southeast Asia fintech startup C88

6 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/07/30/experian-c88/

Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which operates financial marketplaces that help lenders reach new audiences.

C88 today announced a $28 million Series C investment round that’s led by Experian with participation from a host of other backers that include Europe-based duo ResponsAbility Investments (Switzerland), DEG in Germany plus Korea’s InterVest, FengHe Fund Management, Pelago Capital and Fuchsia Venture Capital, the VC arm of Thai lender Muang Thai Life Assurance.