BankingBusinessFinTech

Singapore’s YouTrip eyes international expansion following $50m Series B raise

  • Singapore-based fintech YouTrip secures $50 million in Series B funding led by Lightspeed.
  • Total funding to date surpasses $100 million, following a $30 million Series A in December 2021.
  • YouTrip, established in 2018, offers multi-currency mobile wallets, remittance services, and corporate cards for SMEs.
  • Plans to expand across Southeast Asia, targeting Indonesia, Vietnam, the Philippines, and Malaysia.
  • Focus on enhancing wallet features and technology investment for future growth.
  • CEO Caecilia Chu sees strong potential in B2C and B2B payment sectors, even amid the pandemic.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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