Southeast Asia multi-currency neobank YouTrip raises $30M Series A
Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient, announced today that it has raised a $30 million Series A. YouTrip founder and CEO Caecilia Chu said the round was led by prominent family offices in Asia who prefer to remain unnamed, but are returning from earlier rounds.
The Series A brings YouTrip’s total funding to more than $60 million. The company says it has now processed over $800 million in card spend globally, with almost 20 million transactions and over 1.5 million app downloads.