Qashier, a Singapore-based fintech startup that provides point-of-sale (POS) and payment solutions for small and medium businesses (SMBs), raised $10 million in Series A funding.
SaaS Investors
The round was led by Delivery Hero Ventures and IFP Securities, with participation from Antler Elevate and Cocoon Capital.
Founded in 2021, DX Ventures is a corporate venture capital arm of Delivery Hero based in Berlin, Germany. The firm prefers to invest in seed-stage, early-stage, and later-stage companies operating in B2B, food products, financial technology, agriculture technology, food technology, artificial intelligence, machine learning, blockchain, the internet of things, robotics, and technology sectors.
Independent Financial Partners is a broker-dealer and registered investment adviser based out of Tampa, Florida. The firm's independent platform empowers advisors through freedom of choice and a constantly evolving technology suite that's designed to build better client experiences. Securities offered through IFP Securities, LLC, dba Independent Financial Partners (IFP), member FINRA/SIPC.
Qashier Use of Funds
The funds will enable Qashier to accelerate its growth in Southeast Asian markets, expand into new international markets, and strengthen its product ecosystem.
Qashier plans to continue investing in research and development to deliver innovative solutions to businesses in various industries.
About Qashier
Qashier is a Singapore-based fintech startup that provides integrated point-of-sale (POS) and payment solutions for small and medium businesses (SMBs). The company offers a smart POS system that includes features such as customer loyalty, inventory management, online ordering, and offline-to-online tools. Qashier’s mission is to empower small and medium-sized businesses with the tools they need to succeed.
Funding Details
Company: Qashier Pte Ltd
Raised: $10.0M
Round: Series A
Funding Month: August 2023
Lead Investors: Delivery Hero Ventures and IFP Securities
Additional Investors: Antler Elevate and Cocoon Capital
Company Website: https://qashier.com/
Software Category: POS and Payment Solutions
Source: https://e27.co/qashier-banks-us10m-series-a-financing-for-domestic-international-expansion-20230830/