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AMTD Group fund invests $11.5 mil in five fintech start-ups

Jeffrey Tan
Jeffrey Tan9/14/2020 01:10 PM GMT+08  • 2 min read
AMTD Group fund invests $11.5 mil in five fintech start-ups
AMTD Group is proud to support the fintech community in Singapore, says chairman and CEO Calvin Choi.
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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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