[SINGAPORE] CompareAsiaGroup, an online personal finance marketplace backed by Goldman Sachs Investment Partners, has secured US$50 million in new funding from investors led by the World Bank's International Finance Corp.
SINGAPORE - CompareAsiaGroup, which runs online financial marketplaces in seven Asian countries, has raised US$50 million (S$69 million) in a funding round led by IFC, a member of the World Bank Group.
Financial management platform MoneyMax.ph, part of the CompareAsia Group, has secured an access to US$50-million funding (approximately P2.5 billion) that will come from the World Bank-led International Finance Corp. (IFC) and a group of international investors.
Sam spoke to Bloomberg's Rishaad Salamat on "Trending Business" - on next steps for the Group; where he sees growth and the possibility of an IPO.
