# Rakkar Digital Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rakkar-digital-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.rakkardigital.com
- Total disclosed funding: $7.1M
- Latest round: Seed (Oct 31, 2022)
- Investors on record: 1

## About

Founded in 2022 by its CEO, Arthit Sriumporn, and based in Singapore, Rakkar Digital Pte. Ltd., operates as a financial services company that provides individuals with digital assets for cryptocurrency transactions. In October 2022, Rakkar Digital Pte. Ltd. raised SGD 10 million in seed funding from investor SCB10X. As of 2022, the company supports 1,000 tokens and 35 chains and offers services across ASEAN and Hong Kong.

The company offers a financial platform that provides wallet infrastructure used for the storage and management of digital assets. The company uses blockchain and MPC technology to manage and transfer digital assets through its platform, along with insurance coverage per company policy and 24x7 customer support.

The company plans to use the October 2022 funding for business reach expansion as well as its marketing across Southeast Asia and Hong Kong.

## Funding rounds

- Seed, Oct 31, 2022, $7.1M — SCB10X

## Investors

- SCB10X (https://capitalatlas.ai/funds/scb10x) — Seed