Zipmex thrilled to announce final close of Series B round

Zipmex thrilled to announce final close of Series B round

B Capital, TNB Aura and V Ventures join the round, alongside previously announced investors Krungsri Finnovate, Jump Capital, Mindworks, Plan B Media, and MACO

SINGAPORE, 20 September 2021 — Zipmex, a leading digital asset platform in Asia-Pacific, announced the close of its US$41 million Series B round led by B Capital and TNB Aura. They join Bank of Ayudhya’s Krungsri Finnovate (BKK:BAY), Plan B Media (BKK:PLANB) , Master Ad (BKK:MACO), MindWorks Capital, V Ventures, and returning investor US-based Jump Capital, who led the Series A round in January this year.

“We are thrilled to announce the final set of investors who are supporting our dream to allow the next billion in Asia to imagine more with digital assets. It is not everyday that the crypto industry sees such a strong diverse group of backers ranging from world-renowned VCs to traditional financial institutions coming together like this. It brings us closer towards a future with opportunity, access and financial freedom for all,” said Zipmex CEO Marcus Lim.

With the fresh injection of capital, Zipmex plans to further develop its technological infrastructure, engage in new business partnerships, attract new talent and diversify its offerings.

“With an exceptional team, clear vision and roadmap, Zipmex offers a seamless and accessible platform for consumers across Asia-Pacific to be a part of the digital asset-revolution. We are honoured to be co-leading this round to accelerate financial access and inclusion, and look forward to working closely with the company in transforming the way we spend, save and earn.” commented Charles Wong, Co-Founder & Managing Partner at TNB Aura. 

“Zipmex has evolved quickly from a digital assets platform in Thailand to a regional player in digital financial services, and has done so while ensuring compliance with local regulators,” said Chalermchai Mahagitsiri, General Partner of V Ventures. “The company has a strong and cohesive management team with the requisite experience and innovative approach to digitally transform the financial services industry. We are excited to be a part of Zipmex’s journey and fully support to the company in reaching its goals.”

It has been an exciting month in Southeast Asia after Zipmex announced the Zipmex Card, a new Visa-backed payment card that will launch in Australia and Singapore later this year. The Zipmex-Visa provides Zipex users the freedom to spend their digital assets at the more than 70 million merchants from Visa's global payments network.

The company has gone on to spotlight important partners- turned-investors and, now, support from leading regional VCs. As Asia Pacific’s leading digital asset platform, Zipmex has big plans ahead, not only reaching out to the millions across Southeast Asia and Australia, but also building an ecosystem that is beyond finance.

Watch Charles Wong’s speech as to why TNB Aura invested in Zipmex here:

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