Singapore based electronic payment firm, MC Payment said Friday it has raised S$5 million ($3.5 million) led by 2W Group, an investment firm from Thailand. Australia’s Aura Funds Management, tryb Capital and Perle Ventures, also participated in the funding round, the company added.
Singapore - based MC Payment has raised SGD 5 m ( $ 3.5 m ) in a Series C round of funding , led by Thai consulting firm 2W Group . The funds will be used for expansion into Malaysia , Australia and overseas Kong , as well as expanding its presence in existing markets . In August , the company raised SGD 6 m ( $ 4.5 m ) 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 .