Singapore-headquartered cross-border payments company InstaReM has raised an additional funding of $20 mn (Rs.137 cr.) as part of its ongoing Series C round led by Singapore-based Vertex Growth Fund (VGF) and new investor Atinum Investment from South Korea. At present, InstaReM has offices in 8 locations globally, with its largest office in Mumbai supporting the cross-border payments firm’s global operations. The funding will be used to accelerate growth in existing and new markets.
InstaReM raises another $20 mn in Series C, eyes further global expansion
Date posted: Wednesday 20 March 2019