FInTech momentum in Southeast asia picking up nicely!
MC Payment, a Singapore-based fintech and business solutions provider, has closed an S$6 million ($4.5 million) in a Series B round led by ESW Manage, an Asia-focused private equity (PE) firm, along with private investment firm, DZW Capital. Other investors include Golden Equator Capital, a multi-family office, PE and venture capital (VC) firm based in Singapore. MC Payment currently operates in Singapore, Malaysia, Hong Kong and Indonesia and works on simplifying complex digital payment issues.