Qashier, a Singapore-based fintech startup, raised US$10M in Series A funding.
The round was led by Delivery Hero Ventures and IFP Securities with participation from Antler Elevate and Cocoon Capital.
The company intends to use the funds to accelerate its growth in its four Southeast Asia focus markets including Singapore, Malaysia, the Philippines, and Thailand, expand into new international markets, as well as strengthen its product ecosystem.
Led by CEO Christopher Choo, and President Franklin Zhao Liang, Qashier is a fintech tools company that works as a point-of-sale (POS) and payment provider in the region. It recently launched the QashierX2, its latest flagship smart POS terminal, as well as the lightweight and portable QashierXS. Combining both POS and payment solutions, these pieces of hardware deliver its newly integrated capabilities on a single, sleek device.
It is used by businesses of all sizes in a variety of industries, from retail, F&B to beauty, events and service industries. Since the company’s inception in 2019, Qashier has processed over US$1 billion worth of transactions and empowered over 6,000 businesses across Southeast Asia.
FinSMEs
01/09/2023