XSpring Capital Confirms $225M Capital Raise to Drive Digital/Traditional Marketplace
June 15, 2021 @ 8:31 pm By Tony Zerucha
Elevated Returns‘ portfolio company XSpring Capital formerly known as Seamico Securities, has secured fundraising of $225 million USD through a partnership with Sansiri, Viryah Insurance, and local private investor Mongkol Prakitchaiwattana. Xspring Capital says it will use the funds to build its fully integrated financial marketplace which combines traditional and digital investment products at a single destination.
“As a real estate company, we understand traditional finance is evolving, and the future calls for the de-intermediation between consumer and project finance,” said
Srettha Thavisin, president and CEO of Sansiri PCL. “As a company, we strive for keeping up with innovation across all fields and this investment fits perfectly our vision.”
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