Qashier Raises $6.1 Mn in Series A+ Round led by Cocoon Capital

The funding round was led by Cocoon Capital, IFP Securities, and BlackSoil Global, with participation from strategic angel investors.

The company will use the new funding to expand its business across Southeast Asia and develop new products.

"We are building the operating system for Southeast Asia's SME economy — and we are building it profitably," said Christopher Choo, Co-Founder and CEO of Qashier. "Merchants should not have to stitch together five vendors to run one business. By bringing payments, software, financial services and customer engagement into a single ecosystem, we give them clarity, lower costs and the confidence to scale across markets. This round lets us leverage that advantage into the next phase of growth."

Cocoon Capital has backed Qashier since its early days. "We have been proud to support Qashier since its beginning, and this latest round is a testament to what the team has built," said Michael Blakey of Cocoon Capital. "What continues to impress us is their ability to navigate every obstacle placed in their path with resilience and ingenuity. Qashier's cofounders, Christopher Choo and Franklin Zhao, have an exceptionally clear and compelling vision for what Qashier is becoming, 'the default operating infrastructure for commerce across Southeast Asia,' and we remain firmly committed to supporting that journey."

Qashier will use the new funding to improve its platform by adding better omnichannel payment solutions, expanding its financial services, and introducing more AI-powered insights and workflow automation.

The company also plans to grow its services for large businesses with multiple outlets, especially in the food and beverage and beauty and wellness industries. In addition, Qashier is preparing for a Series B funding round to support its next stage of growth.

Qashier is an all-in-one business management platform for merchants. It combines payments, business management software, financial services, and customer engagement tools in a single system.

The company operates in Singapore, Malaysia, Thailand, and the Philippines, helping more than 20,000 small and medium-sized businesses (SMEs) manage and grow their operations with one integrated platform.

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