AMTD Group, via its AMTD ASEAN Solidarity Fund Group, has invested a total of $11.5 million in five fintech start-ups in Singapore.
The start-ups are SME digital financing platform Funding Societies, digital banking solutions provider Active.ai, credit card enablement platform provider CardUp, cross-border payments platform provider Transwap and insurtech company PolicyPal.
The investments are made in a variety of structures, including equities, convertible notes, venture debts, warrants and options.
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