Surfin Meta Digital Technologies Raises $26.5M in Oversubscribed Funding Round
- Editor
- Apr 23
- 1 min read
Whats Happening:
Surfin Meta Digital Technologies, a Singapore-based fintech company, has successfully completed an oversubscribed funding round, raising $26.5 million. The round included investments from Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity, following an initial $12.5 million investment led by Insignia Ventures Partners in October 2024.
Key Moves:
Surfin raises $26.5 million in oversubscribed funding round
New investors include Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity
Total funding reaches $26.5 million, up from initial $12.5 million investment in October 2024
By The Numbers:
Total funding raised: $26.5 million
Initial investment in October 2024: $12.5 million
Surfin's product portfolio: Over 700 registered products
Key Quotes:
"We are proud to close our funding round with strong interest from well-known institutional investors that also stand testament to Surfin's outstanding performance and potential to grow into a truly global fintech company." - Dr Yanan Wu, CEO and Founder
"Surfin is at the forefront of a wave of companies driving equitable economic growth through data factories rather than physical ones." - Mr Yinglan Tan, Founding Managing Partner of Insignia Ventures Partners
"We are looking forward to supporting Surfin in its next phase of expansion" - Mr Alan Ang, Director of Woori Venture Partners
Bottom Line:
Surfin Meta Digital Technologies' successful funding round demonstrates strong investor confidence in its mission to provide financial services to underserved markets. The additional capital will enable Surfin to expand into new markets, enhance its R&D initiatives, and develop a comprehensive suite of intelligent financial products, potentially reshaping financial inclusion in emerging economies.
Comments