Singapore's Advance.AI secures $50 million in Series B funding round

07/20/2018 9:10:00 AM (GMT)

Singaporean data-driven financial technology company Advance.AI has raised $50 million in a Series B funding round.

The round was backed up by Chinese investors, including Vision Capital, GSR Ventures, and Zhen Fund.

Advance.AI will reportedly use the fresh funds to expand its overseas operations and boost cross-border USD wealth management platform, Invested in Asia.

The company's funding round was also participated by Australian investment firm Provident Capital, peers Singapore's Northstar Group, and U.S. Farallon Capital Management.

Advance.AI

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