Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others

Volopay has amassed a clientele with the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media.

Volopay, a Y Combinator-backed Singapore-based corporate cards and payable management start-up has raised $29 million in Series A, a mix of equity and debt, from the famous Winklevoss twins - Cameron and Tyler along with a global decacorn among others to enter the Indian market. With the investment, Volopay now eyes on the entire APAC region along with the MENA expansion after firmly placing itself into the Singaporean and Australian markets. Part of Series A funds will be put towards their forthcoming market launches, building and innovating new technologies to complement their existing product.

The Winklevoss twins, former Olympic rowers,