Winklevoss twins and global decacorn invest in US$29M Series A of Singapore-based fintech Volopay as it prepares APAC and MENA expansion
– The enterprise FinOps platform has taken on a strategic investment from global blue-chip investors to drive continued expansion and technology innovation– The Series A funding round comprised participation from JAM Fund, Winklevoss Capital Management, Accial Capital, Rapyd Ventures, Jeffrey Cruttenden – CEO of Acorns along with Access Ventures, Antler Global, and VentureSouq– Volopay plans to strengthen its footprint in APAC and MENA with a multi-market expansion alongside further investment in product development SINGAPORE, Mar 1, 2022 – (ACN Newswire) – Volopay, a Y Combinator-backed Singapore-based corporate cards, and payable management startup has successfully raised US$29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial Capital, fintech veteran and angel investor Jeffrey Cruttenden – CEO of Acorns along with Access Ventures, Antler Global, and VentureSouq. The strategic investment from leading blue-chip investors will fuel Volopay’s foray into the APAC and MENA markets to tackle two of the most pressing problems that SMEs and startups face – high F...
