Singapore-based Marvelstone Tech, a part of Asian private investment group Marvelstone, has raised an impressive $12.5 million in seed funding, the company announced today. The funding comes from angel investors.
Marvelstone Tech is a financial technology (fintech) platform that will provide financial products and solutions to businesses. The platform will launch in March 2016 targeting South Korea-based SMEs.
The company will be based in Singapore, where Marvelstone recently moved its 10K accelerator headquarters. 10K is a project aiming to accelerate 10,000 startups in the next seven years.
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This is an excerpt from Tech in Asia. You can read the full article here.