Finture Valuation, Funding & Investors
Finture is valued at $76M as of January 2022.
Last Finture valuation
$76M
Series A · Jan 2022
Last Finture funding round
$32M
Series C · Sep 2025
Cumulative funding Finture raised
$110M
across 6 funding rounds
Key investors in Finture
XVC
SWC Global
Sky9 Capital
MindWorks Capital
BitRock Capital
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Moore Strategic Ventures
About Finture
Finture is a fintech platform in Southeast Asia focused on Indonesia. Founded in 2021, it aggregates paylater services through branded Yup cards issued by partner banks, offering 0% interest installments up to 12 months and limits to Rp 40 million. Recorded by Indonesia's Financial Services Authority, Finture enables EDC transactions anywhere.
Founded
2021
HQ
SingaporeWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$76M (Jan 2022)
Finture Valuation
Finture is currently valued at $76M, based on its Series A in January 2022.
The $16M round was led by Sky9 Capital and SWC Global, with participation from XVC and BitRock Capital.
Finture valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series A | $76M |
Finture Funding History
Finture has raised a total of $110M across 6 funding rounds.
Finture's first fundraising round was a $3M seed round in November 2021. The most recent completed round was a $32M Series C in September 2025.
Finture funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2025 | Series C | Moore Strategic Ventures (lead); Spice Expeditions (lead); Longfor Group Holdings; Platanus | $32M | - | Finture, a Singapore-based fintech company, operates Yup, a digital credit payment platform offering physical and virtual credit cards alongside pay-later services targeting working and middle-class consumers in Southeast Asia, primarily Indonesia. Yup, founded in 2021 by Donny Zhang and Matt Zou, has grown to serve millions of users and holds licenses from Indonesia's Financial Services Authority (OJK) and Bank Indonesia for e-money, payments, and fintech innovation through subsidiaries PT Finture Tech Indonesia and PT Indo Sukses Mandiri (Yoopay). The platform has partnerships with Indonesian retail conglomerate MAP Group, BP, Indomart, and Alfamart. In its C-1 funding round around early October 2025, Yup raised $32 million from US investors Moore Strategic Ventures, Spice Expeditions, and Platanus, along with other institutional investors and existing shareholders, bringing total equity funding since 2021 to over $100 million. This follows a $30 million Series B in August/September 2024 led by Mindworks Capital with participation from SWC Global, XVC, Richen Pioneer, and Antao Capital, and a $20 million pre-Series B in 2023 led by XVC. The C-1 funds aim to improve products, expand customer base in markets like Hong Kong, Vietnam, and the Philippines, and approach profitability, with break-even expected by end of 2025. Yup reports revenues have approximately doubled each year for the past three years, with momentum expected to accelerate in 2026 and 2027. The company eyes a US stock market debut before 2029 and positions itself as a principal payment tool for middle-class customers amid Southeast Asia's fintech growth. |
| Aug 2024 | Series B | MindWorks Capital (lead); XVC; Antao Capital; SWC Global; Richen Pioneer | $30M | - | Finture, a Singapore-based fintech company operating the YUP credit payment platform in Indonesia, raised nearly $30 million in its Series B funding round on August 19, 2024, led by MindWorks Capital with participation from SWC Global, XVC, Richen Pioneer, and Antao Capital. This pure-equity round brings total equity funding to over $77 million, following a $20 million XVC-led Pre-Series B in 2023. The valuation doubled from the prior round approximately 12 months earlier. Funds will support expansion into new markets including Hong Kong, Vietnam, and the Philippines, with plans to open a Hong Kong office for capital market activities and R&D, and potential headquarters relocation from Singapore. YUP serves millions of users, partners with over 40 million merchants nationwide, and processes tens of millions of transactions. It currently handles over 1 million transactions and more than $20 million in monthly GMV, with projections to reach $1 billion in transaction volume by 2024 and aims for monthly transaction volume of around 50 million and nearly $1 billion monthly GMV. The platform leverages AI and machine learning for credit underwriting, anti-fraud, and other features, serving approximately 1 million cardholders connected to over 50 million merchants in Indonesia, where credit card penetration is only 5% amid a $1.4 trillion GDP and 280 million population. Finture positions YUP as a challenger bank aspiring to become Southeast Asia's leading digital banking service platform, targeting 50 million users over the next 8-10 years and a US IPO in 3-5 years. Backed by prior investors like Sky9 Capital, BitRock Capital, and the Sampoerna family, the company plans Series C fundraising in 2025. Supported by ecosystems like HKIC, it emphasizes Hong Kong and Shanghai expertise in R&D, financial modeling, and capital markets to drive digital financial inclusion. |
| Mar 2023 | Series B | XVC; Tortola Capital; MindWorks Capital; SWC Global; Miller Investment Management; Sampoerna Strategic | $17M | - | Finture, an Indonesian BNPL (buy now, pay later) aggregator operating under the brand Yup Indonesia, raised approximately $15 million in pre-Series B funding according to regulatory filings. Beyond this round size, no additional financial metrics, valuation data, revenue figures, or investor details were available from public sources. The company operates in the fintech sector focused on BNPL services in Indonesia's financial market. |
| Jul 2022 | Series B | XVC (lead); Sky9 Capital; SWC Global; BitRock Capital | $12M | - | - |
| Jan 2022 | Series A | Sky9 Capital (lead); SWC Global (lead); XVC; BitRock Capital | $16M | $76M | - |
| Nov 2021 | Seed | XVC (lead) | $3M | - | Finture is a Singapore-based fintech company founded in 2021, operating the YUP credit payment platform targeting working-class users in Indonesia and Southeast Asia. YUP combines credit card and e-wallet features, partnering with over 40 million merchants including Starbucks, KFC, Indomaret, and Alfamart, and collaborates with licensed financial institutions and more than five banks for loan disbursements. The company has raised over $77 million in total equity funding across multiple rounds from investors including Sky9 Capital, BitRock Capital, the Sampoerna family, MindWorks Capital, XVC, SWC Global, Richen Pioneer, and Antao Capital. Its Series B round in August 2024 raised $30 million led by MindWorks Capital to expand across Southeast Asia, pursue a banking license in Indonesia, and scale operations toward 50 million users and a U.S. IPO in 3-5 years. YUP processes over 1 million transactions monthly with more than $20 million in monthly GMV as of recent reports, aiming for $1 billion in transaction volume by 2024 and monthly transaction volume of 50 million. Finture plans a Series C raise of around $100 million in 2025 and targets over $200 million in total funding capacity by year-end. |
Who has invested in Finture?
14 investors have backed Finture across its funding rounds, including XVC, SWC Global, Sky9 Capital, MindWorks Capital, BitRock Capital and Moore Strategic Ventures.
Lead investors include Moore Strategic Ventures, Spice Expeditions, MindWorks Capital, XVC, Sky9 Capital and 1 other investor.
Finture Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Beijing | 5 | Lead | Nov 2021 | |
| Singapore | 4 | Lead | Jan 2022 | |
 Hong Kong | 2 | Lead | Mar 2023 | |
| Shanghai | 2 | Lead | Jan 2022 | |
 London | 2 | Participant | Jan 2022 | |
| China | 1 | Participant | Sep 2025 | |
 Denver, CO | 1 | Participant | Mar 2023 | |
| San Diego, CA | 1 | Participant | Aug 2024 | |
| Philadelphia, PA | 1 | Participant | Mar 2023 | |
| Richen Pioneer | China | 1 | Participant | Aug 2024 |
 Jakarta | 1 | Participant | Mar 2023 | |
| Moore Strategic Ventures | New York City, NY | 1 | Lead | Sep 2025 |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialFinture Competitors
Finture competitors include listed companies like Beforepay and Humm Group, and private ones like Alternative Payments, n1co, Super Payments and Alif.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| New York City, NY | Private | $10M | - | $80M | 8.0x | |
 San Salvador | Private | - | - | $69M | - | |
| London | Private | - | - | $90M | - | |
| London | Private | - | - | $100M | - | |
 Australia | Publicly listed | $36M | $10M | $53M | 1.8x | |
| Australia | Publicly listed | $443M | $227M | $142M | 7.3x |
Finture Public Comps
Finture is still privately-owned, but its public comps include Wellnet, Vaziva, Jiayin Group, PaymenT, Transaction Media Networks, Bango, Usio, Yiren Digital, Rego Payment and Haugesund Sparebank.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $70M | $12M | - | - | - | - | |||
| $75M | $3M | 1.0x | - | 21.4x | - | |||
| $928M | $289M | 0.1x | - | 0.3x | - | |||
| $18M | $10M | 5.9x | - | 10.4x | - | |||
| $85M | $17M | 0.5x | 0.5x | 2.5x | - | |||
| $52M | $8M | 1.5x | 1.5x | 9.5x | 4.3x | |||
| $85M | ($408K) | 0.7x | 0.7x | (153.4x) | 18.0x | |||
| $853M | ($13M) | - | - | - | - | |||
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Common questions about Finture
| When was Finture founded? | Finture was founded in 2021. |
| Where is Finture headquartered? | Finture is headquartered in Singapore, Singapore. |
| Is Finture publicly listed? | No, Finture is a private, VC-backed company. |
| What is Finture's valuation? | Finture was last valued at $76M in its Series A in January 2022. |
| How much funding has Finture raised? | Finture has raised $110M across 6 funding rounds. |
| What was Finture's last funding round? | Finture's last funding round was a $32M Series C in September 2025, led by Moore Strategic Ventures and Spice Expeditions. |
| Who are Finture's investors? | Finture's investors include XVC, SWC Global, MindWorks Capital, Sky9 Capital, BitRock Capital, Longfor Group Holdings, Tortola Capital, Antao Capital, Miller Investment Management, Richen Pioneer and 4 others. |
| Which companies are comparable to Finture? | Companies comparable to Finture include Alternative Payments, n1co, Super Payments, Alif, Beforepay and Humm Group. |
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