# Fluid Financial Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fluid-financial-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.gofluid.io
- Total disclosed funding: $7M
- Latest round: Series A (Feb 27, 2024)
- Investors on record: 3

## About

Based in Singapore and founded in 2023, Fluid Financial Pte. Ltd., also known as Fluid, operates as a financial technology company that offers financing solutions for B2B purchases. The company was founded by its CFO, Ruoyun Yang, CPO Steven Li, and CEO Trasy Lou Walsh. In February 2024, Fluid raised USD 5.2 million in seed funding led by Insignia Ventures Partners.

Fluid offers a FinTech-based business-to-business platform that allows buyers to choose their payment terms for B2B purchases. The platform pays sellers immediately upon shipment and bears the risk of collection. The firm uses its proprietary KYC technology to assess buyer creditworthiness. The company integrates with existing websites and apps.

The company plans to use the funds raised in February 2024 to expand its product capabilities and onboard larger suppliers across industries.

## Funding rounds

- Series A, Feb 27, 2024, $5.2M — Insignia Ventures Partners
- Seed, Jun 1, 2023, $1.8M — New Stack Ventures, Iterative

## Investors

- New Stack Ventures (https://capitalatlas.ai/funds/new-stack-ventures) — Seed
- Iterative (https://capitalatlas.ai/funds/iterative) — Seed
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A