Jennifer Arunwattana News Today : Breaking News, Live Updates & Top Stories | Vimarsana

April 25, 2021
BANGKOK, April 26, 2021 /PRNewswire/ StashAway is raising $25 million USD (781 million THB) in its Series D funding round led by Sequoia Capital India, one of the region s leading venture capital firms.
StashAway s existing investors, Eight Roads Ventures, the global investment firm backed by Fidelity International and early investor in Alibaba; and Square Peg, the largest venture capital fund in Australia, also participated in the round. The transaction will close in the next few months pending necessary regulatory approvals.
This funding round will bring StashAway s total paid-up capital to $61.4 million USD (1.918 billion THB) and accelerate investment product and feature developments across its 5 markets. The company will also offer to buy back up to $3 million USD (781 million THB) in stock options from its employees and expand its engineering team in Singapore and abroad. ....

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