Singapore-based MC Payment has raised SGD 5m ($3.5m) in a Series C round of funding, led by Thai investment firm 2W Group. The funds will be used for expansion into Malaysia, Australia and Hong Kong, as well as strengthening its presence in existing markets. In Friday, the company raised SGD 6m ($4.5m) in a Series B round led by ESW Manage. MC Payment's services include invoicing and payment platform Xaavan, MatchCab where taxi companies can make e-payments, and digital wallet MasterPass.
Singapore-based MC Payment has raised SGD 5m ($3.5m) in a Series C round of funding, led by Thai investment firm 2W Group. The funds will be used for expansion into Malaysia, Australia and Hong Kong, as well as strengthening its presence in existing markets. In August, the company raised SGD 6m ($4.5m) in a Series B round led by ESW Manage. MC Payment's services include invoicing and payment platform Xaavan, MatchCab where taxi companies can make e-payments, and digital wallet MasterPass.