tryb Group announces an investment of US$30 million by Makara Innovation Fund to accelerate the development of its financial infrastructure platform for ASEAN

  • Investment funds will be used to acquire, develop and scale up growth stage financial technology companies that have strong intellectual property and are focused on digitising financial flows, prioritizing key segments as related to SME lending, trade finance and micro-credit
  • The partnership is driven by tryb and Makara Innovation Fund’s shared vision to execute buy-and-build strategies in support of delivering a scalable financial technology platform in ASEAN that bridges international capital market investors with ASEAN’s underserved consumers and businesses
  • tryb’s fintech platform is strategically poised to become the leading financial technology company in ASEAN driving digitisation and propelling financial inclusion for the region

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