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Announced

Completed

Uncorrelated Ventures, Abstract Ventures and Fasanara Capital led a $270m Series C round in Stashfin.

Financials

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Transaction Value£219m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Financial Data and Systems

Minority

Completed

Private Equity

Cross Border

Friendly

Singapore

lending services

banking sector

Acquisition

Private

Venture Capital

Synopsis

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Uncorrelated Ventures, a venture capital firm, Abstract Ventures, a venture capital firm, and Fasanara Capital, a boutique alternative asset manager, led a $270m Series C round in Stashfin, a neobanking platform, with participation from Altara Ventures, Tencent, Kravis Investment Partners and Snow Leopard. “We believe these individuals are underserved because the banks cannot offer them cards or credit lines because of high operational costs,” Tushar Aggarwal, Stashfin Founder and CEO.

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