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Reading: Singapore’s Surfin Secures $12.5M to Boost Financial Inclusion
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Fintech

Singapore’s Surfin Secures $12.5M to Boost Financial Inclusion

Nicole Kristine Jovero
Last updated: October 16, 2024 1:15 am
Nicole Kristine Jovero
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  • Surfin raises $12.5M in Series A funding
  • Singapore fintech expands to eight countries
  • Company serves 60 million users through AI-powered financial services

Contents
Riding the Fintech WaveFrom Lending to Wealth ManagementGlobal Footprint, Local Expertise

Riding the Fintech Wave

Surfin, a Singapore-based fintech platform, has raised $12.5 million from Insignia Ventures Partners.

The company serves 60 million users across eight countries, processing $2.7 billion in cumulative transactions.

From Lending to Wealth Management

Founded in 2017, Surfin began offering consumer lending before expanding into payments, remittance, credit cards, and wealth management.

The company leverages AI and analytics to provide innovative financial services to the underbanked middle class.

Global Footprint, Local Expertise

Surfin operates in multiple countries, including Indonesia, Vietnam, Mexico, and Australia. The company has acquired numerous licenses across jurisdictions, enabling it to offer a diverse range of financial products tailored to local markets.

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