SINGAPORE (Jan 25): Financial technology platform tryb Group has received a US$30 million ($39 million) investment from Singapore-based private equity fund, Makara Innovation Fund, to acquire, develop and scale up growth stage financial technology (fintech) companies.

Photo: Makara Innovation Fund’s director of investments Kelvin Tan (centre), with tryb Group co-founders Veiverne Yuen (left) and Markus Gnirck

With a focus on SME lending, trade finance and micro-credit, tryb is looking to accelerate its development of a scalable fintech platform in Asean that bridges international capital market investors with the region’s underserved consumers and businesses.

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