1:13:15 AM PDT - Sunday, September 25th, 2022

Singapore’s Arbor Ventures notches $193M toward next early-stage fintech fund  

By Editor - Wed Sep 21, 4:28 pm

Arbor Ventures , funder of fintech and shopping startups like installment loan company Tabby and Amazon brand factory Heyday , has locked down $193 million toward its largest fund to date, TechCrunch has learned. The Singapore-based VC focuses on early-stage financial tech startups, but it operates with a pretty expansive view of what constitutes fintech; its portfolio includes startups working on AI , healthcare , crypto and (of course) several buy now, pay later schemes. Arbor aims to raise nearly $107 million more for its third core fund, which could reach a total of $300 million, per a regulatory filing with the Securities and Exchange Commission. Though headquartered in Southeast Asia, Arbor backs startups all over, with investors based in hubs such as New York , San Francisco and  Tokyo . The firm has made at least 70 investments to date and has more than a dozen exits under its belt, per PitchBook . Arbor did not respond to requests for comment on its plans for the money, but its deals over the past year seem as varied as ever; they span wholesale shopping site Ralali , AI insurance data firm Planck and HR startup HiBob . Other fintech investors to make headlines lately include New York’s Kli Capital , which is raising a $50 million third fund, and Jakarta, Indonesia-based AC Ventures , which is targeting $250 million for its fifth fund

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Singapore’s Arbor Ventures notches $193M toward next early-stage fintech fund

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