Investments

The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.

The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.

The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.

The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the region.

With its Series A fund, the startup that began with giving B2B users a streamlined platform to communicate and consolidate orders will now delve further into fintech and plans to launch additional financial services, such as financing and credit card issuing.

The funds raised will further develop Partipost’s tech platform and accelerate business expansion into Vietnam, as well as strengthen current operations in Singapore, Indonesia, Taiwan, Malaysia, and the Philippines.

Desty will utilize the new funding primarily for team expansion and user acquisition. This move also marks 5Y Capital's first investment in Indonesia.