Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.

The firm said in a statement that the funding was led by Nikko Asset Management, with strong participation from returning investors Peak XV, Prosus, Saison Capital, as well as founder Walter de Oude.

It noted that this substantial financial investment, secured at a time when capital markets are highly competitive, will enable the firm to scale responsibly while keeping customers at the core of every innovation.

Meanwhile, its regulatory approval to operate in Hong Kong. marks a critical step in the firm’s regional growth strategy, enabling the company to soon serve users in one of Asia’s most dynamic financial hubs.

According to the firm, this expansion reflects its ambition to provide an alternative platform for consumers to grow their idle cash, often left in low interest accounts, into ‘happy money’.

The firm highlighted that these achievements collectively underscore its innovative product proposition, continuing market growth, robust business model, and unwavering commitment to empowering users with an enhanced solution for SGD and USD spare cash savings.

“We have built such a great business in Singapore and helped so many people get a decent return on their cash,

“Now it’s time to accelerate international expansion, and this new capital allows us to progress in our regional growth aspirations,” said Walter de Oude, Chief Executive Officer and Founder of Chocolate Finance.

According to him, securing this latest round of funding is a strong vote of confidence in the firm’s vision, its business fundamentals, and the incredible team driving it.

“It allows us to double down on product innovation, regional expansion, and most importantly, continuing to build a financial platform that prioritzes simplicity, and just delivers what it promises – a great place for your spare cash,” he added.

It is noted that as of July 20, the firm has achieved almost S$900 million ($705 million) asset under management (AUM).

The firm has also delivered approximately S$22.7 million ($17.78 million) of returns to almost 100,000 users, underscoring the platform’s strong performance and growing
community.

The stated return is the total of all returns earned across all funds and currencies by customers from July 2024 to June 2025.

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