StashAway secures USD 16 mln in Series C round

Monday 27 July 2020 12:44 CET | News

Robo advisor operator StashAway has completed a USD 16 million USD Series C fundraising round. 

Square Peg, a venture capital fund in Australia, led the round, and Burda Principal Investments, the growth capital arm of German media and tech company Hubert Burda Media, as well as existing investor Eight Roads Ventures, the global investment company backed by Fidelity, both also participated in the round.

Since its Series B fundraising round in July 2019, StashAway has launched the Income Portfolio in Singapore and StashAway Simple in Singapore and Malaysia.

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Keywords: StashAway, Square Peg, Australia, Burda Principal Investments, Germany, tech, Hubert Burda Media, Eight Roads Ventures, Fidelity, Income Portofolie, Singapore, StashAway Simple, Malaysia
Categories: Banking & Fintech
Countries: Asia
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