
SINGAPORE (Jan 25): Financial technology platform tryb Group has received a US$30 million (S$39 million) investment from Singapore-based private equity fund, Makara Innovation Fund, to acquire, develop and scale up growth stage financial technology (fintech) companies.
With a focus on SME lending, trade finance and micro-credit, tryb is looking to accelerate its development of a scalable fintech platform in Asean that bridges international capital market investors with the region’s underserved consumers and businesses.
“As a technology-driven company that leverages its defensible IP portfolio as a strategic asset, tryb signifies a unique investment value proposition,” says Kelvin Tan, director of investments at the US$717 million Makara Innovation Fund... (Click here to read the full story.)