Here comes Sunrate! This Singapore-based fintech offers B2B cross-border payments at low fees, as well as corporate cards and risk management services. And they just raised a Series D1!

• They serve clients in over 150 countries and have offices in Hong Kong, Jakarta, London, and more.  

Investor check. Aramco’s Prosperity7 Ventures led the round while Softbank Ventures Asia joined in!

• The amount raised was undisclosed. 

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🌐 Around the globe

Sunrate links with financial institutions to help you save up to 75% in payment costs. 

You can open multi-currency accounts, make international transfers at low fees, and more!  

• Pay your suppliers faster. Their e-commerce solutions also let you collect your $$$ from different marketplaces and websites fast.
• Scoop: They use AI algorithms and big data to find the best FX rates.

They’re legit. They recently acquired a Capital Markets Services license from MAS. 

• Oh, and they’re also licensed and accredited in regions like SEA, Europe, the US, and more!

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🧧 A little more detail

Sunrate also offers custom corporate cards to clients. Plus, they also provide risk management services. 

• Get market insight from their market analysis team. 
• They’ll even help you develop your FX risk management strategy. 

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💱 What’s with the $$$? 

They’ll work on improving their products and services, such as international payments and global collection services.

• Oh, and they’ll also enter new markets like the Middle East.