Zipmex has revealed details of the Series B round backed by global investors TNB Aura, B Capital and V Ventures.
Zipmex, a leading digital asset platform in the Asia-Pacific, confirmed its complete list of investors today, following its recent $41M Series B funding announcement, which was oversubscribed.
We are thrilled to announce the final set of our lead investors who are supporting our dream to allow the next billion in Asia to imagine more with digital assets. It is not every day that the crypto industry sees such a strong, diverse group of backers ranging from world-renowned VCs to traditional financial institutions coming together like this. It brings us closer to a future with opportunity, access, and financial freedom for all.Marcus Lim, founder and CEO, Zipmex
In addition to Australian founder Lim, Zipmex’s executive team includes Australian University of New South Wales (UNSW) alumni Managing Director Kelvin Lam and Chief Product Officer Ken Tabuki. Investors Charles Wong (TNB Aura) and Pinijsorn Luechaikajohnpan (Plan B Media) are fellow UNSW alumni. Rounding out the Australian executive representation are Chief Commercial Jonathan Low (formerly ING) and Chief Technology Officer James Tippett (formerly Airtasker). Zipmex recently opened its Australian office in Sydney, led by Country Manager Nathan Halliday.
With the fresh injection of capital, Zipmex plans to further develop its technological infrastructure, engage in new business partnerships, attract new talent and diversify its offerings.
Founded by Facebook co-founder Eduardo Saverin and Raj Ganguly, B Capital invests in companies transforming large traditional industries across borders and geographies. Leveraging a global team of seasoned experts and a strategic partnership with The Boston Consulting Group (BCG), B Capital helps founders navigate business challenges, raise capital, and attract talented leadership at every stage of the startup lifecycle.
TNB Aura (an affiliate of regional fund manager Aura Group), a leading, Asia-focused, thesis-led, high-conviction venture capital firm, uses data-driven methodologies to identify and invest in select companies that are primed to be category winners. Its portfolio includes dental products company Zenyum, SAAS platform Propzy, Indonesian edtech company CoLearn, and Social Commerce platform Super.
With an exceptional team, clear vision and roadmap, Zipmex offers a seamless and accessible platform for consumers across Asia-Pacific to be a part of the digital asset revolution. We are honoured to be part of their mission to accelerate financial access and inclusion, and look forward to working closely with the company in transforming the way we spend, save and earn.Charles Wong, co-founder and managing partner, TNB Aura
V Ventures is a Singapore-based VC. The firm invests in both early-stage and late-stage companies across a variety of cutting-edge technology companies, from global e-lending solution design to utilising deep technology in the non-internet sectors. Its portfolio companies include Blender Finance, Cloudbreakr, Creative Ventures, and Owlstone Medical.
Zipmex has evolved quickly from a digital assets platform in Thailand to a regional player in digital financial services and has done so while ensuring compliance with local regulators. The company has a strong and cohesive management team with the requisite experience and innovative approach to digitally transform the financial services industry. We are excited to be a part of Zipmex’s journey and fully support the company in reaching its goals.Chalermchai Mahagitsiri, general partner, V Ventures
It has been an exciting month since Zipmex announced the Zipmex Card, a new Visa-backed payment card that launches in Australia in late 2021. The Zipmex-Visa gives Zipmex users the freedom to spend their digital assets at the more than 70 million merchants from Visa’s global payments network.
The company has spotlighted important partners-turned-investors and, now, support from world-class venture capitalist firms. As Asia-Pacific’s most trusted digital asset platform, Zipmex has big plans ahead, reaching out to the millions across Australia and South-East Asia and building an ecosystem beyond finance.
Disclaimer: The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.