Singapore’s Capital C Secures Pre-Series A Funding to Launch Super App for Southeast Asia

Singapore-based fintech company Capital C has announced a successful Pre-Series A funding round, securing a seven-figure investment from Phillip Private Equity, Azure Capital, and several angel investors. This new capital will support Capital C’s expansion across Southeast Asia and the development of a super app, integrating a range of financial services aimed at the region’s underbanked population.

Capital C, which raised SGD $74 million (~USD $55 million) in 2022, offers tailored financial solutions through subsidiaries like Crawfort, which provides personal loans within minutes, and Capitall, which specializes in business and vehicle loans. The upcoming app will centralize services, allowing users to access personal and business loans, “buy now, pay later” solutions, hire purchase options, and other microfinancing products.

Capital C already operates in the Philippines through Crawfort, targeting the needs of underbanked individuals and small businesses.