# Cabital Fintech (Singapore) Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cabital-fintech-singapore-pte

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.cabital.com/support/contact
- Total disclosed funding: $4M
- Latest round: Series A (Aug 13, 2021)
- Investors on record: 3

## About

Founded in 2020 and based in Singapore, Cabital Fintech specializes in digital wealth management solutions, providing innovative financial services tailored to the needs of individuals and businesses.Cabital Fintech (Singapore) Pte. Ltd. is focused on developing a digital wealth management platform. The company was founded in 2020 in Singapore and has not undergone any significant business pivots. The company has completed 1 deal, with its most recent funding round being a Series A on August 13, 2021, where it raised USD 4.000 mn from investors including Dragonfly, GSR Ventures, and SIG Asia Investment, bringing its total amount raised to USD 4.000 mn and a current company valuation of USD 32.800 mn.Cabital offers innovative digital wealth management solutions tailored for individual consumers and enterprise clients. Its core offerings include advanced software tools designed to enhance operational efficiency and user experience across various sectors, including finance, healthcare, and retail. These solutions streamline processes, automate tasks, and provide data-driven insights, successfully deployed in North America, Europe, and select Asia-Pacific markets.In 2021, Cabital reported revenue of USD 1,392,540 and an EBITDA of USD -8,158,801. The company generates revenue through subscription-based services and direct software sales, ensuring steady cash flow through annual or monthly agreements that allow clients to access its software offerings and ongoing support.Following its Series A funding of USD 4.000 mn in August 2021, Cabital Fintech (Singapore) Pte. Ltd. plans to use this funding to expand its presence in Europe, onboard senior talent, and further develop its proprietary digital wealth management platform. The company aims to launch new product features targeting the European market by the end of 2022.

## Funding rounds

- Series A, Aug 13, 2021, $4M — GSR Ventures, SIG Asia Investment, Dragonfly Digital Management

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Series A