YouTrip raises USD 30 mln

Thursday 2 December 2021 12:10 CET | News

YouTrip has raised USD 30 million in its latest Series A round.

The new capital will supercharge the company’s technological capabilities to improve its suite of payment products, in particular entering the B2B payments space, as well as accelerating its entrance into the wider Southeast Asia.

YouTrip’s new corporate credit card, YouBiz offers higher spending limits while transacting at one of the best exchange rates in 150+ currencies, and credit terms offered to selected business account users. Companies will also be able to issue corporate cards to employees, with all expenses streamlined into one platform.

YouBiz will be rolled out in Singapore in the first quarter of 2022, and with plans to bring it to five other Southeast Asia countries in the next 12 months.

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Keywords: neobanks, funding, B2B payments, e-wallet
Categories: Banking & Fintech | Payments General
Countries: Singapore
This article is part of category

Banking & Fintech