Fintech firm UNOAsia has secured $32.1 Million in Pre-Series B Funding round (equity and debt). The investors include in the funding round are Gateway Partners, Creador Private Equity, and Nextinfinity Management.
Read also – UAE-based Thiqa Tutoring Secures $300k Funding
The new funding will be used by the UNOAsia to expand the digital bank’s footprint in the Philippines more quickly. The agreement will support its initiatives to promote financial inclusion and change the Archipelago’s digital financial landscape.
Read also – Allurity Acquires SRLabs
“In just fifteen months since its commercial launch, UNO Digital Bank secured accounts with a million customers and amassed $100 million in deposits, predominantly within transaction, savings, and time deposit accounts,” said Manish Bhai, Chief Executive Officer of UNO Digital Bank.
Read also – VidyutTech Secures $10 Million Series A Funding
“The investment will help in efforts to transform the digital financial space in the Philippines and drive financial inclusion,” according to Anand Kumar, co-founder at Gateway Partners.
Read also – Tsangs Group and John Textor’s Family Office Join Forces
About UNO Digital Bank
UNO Digital Bank is South East Asia’s first full-spectrum digital bank licensed under the Bangko Sentral ng Pilipinas. We pioneer a new approach to banking: one that elevates you by making banking simple, better, and accessible.
Read also – Singapore-based Xalts Acquires Contour
