Lee Bagshaw and Chris Wilson recently advised Southeast Asian fintech leader, Compare88 (now called C88), on its series B investment led by Telstra Ventures. Existing investors Monks Hill Ventures and Kejora Ventures participated on the financing round.
C88 provides financial price comparison aggregation services combined with brokerage capabilities in the fast growing Southeast Asian market. The company operates the financial services e-commerce platforms CekAja in Indonesia and eCompareMo in the Philippines.
Telstra Ventures is the venture capital arm of Australian telco Telstra. e27 report that C88 is the fourth investment that the fund has made in Asia in the last 12 months. Singapore based Monks Hill Ventures previously led the series A round. Regular followers of Simmonds Stewart news will know that our former Wellington based lawyer Lucy Luo is now an Analyst at Monks Hill.
by lee bagshaw, 4 October 2016