BLOG

kindrik partners advises fintech startup neat on US$4m series a extension

Logo_white

share:

We recently helped Neat, a Hong Kong based fintech startup, on a US$4 million extension to their US$11 million Series A round which closed earlier this year.

Neat started over two years ago with a focus on making business accounts accessible to startups and SMEs in Hong Kong. Existing investors that participated in the series A extension include Mass Mutual Vetnures, Linear Capital, Pacific Century Group, and Robby Hilkowitz, as well as new investor Vectr Fintech.

The coronavirus pandemic has not stopped Neat’s momentum.

“Some of the world’s most successful companies were born during or just after the financial crisis of 2008, think of WhatsApp and Uber,” says David Rosa, CEO.

“The majority of businesses founded during COVID-19 will have a digital-first mindset, which means they will have an opportunity to start trading globally from day one. We’re excited to be supporting this new wave of international entrepreneurs.”

With the new funding, Neat will continue product development as well as improving its customer support experience and fuelling its growth.

Read the Neat blog here

explore our other blog posts

post-money convertible notes

Back in 2018, Y-Combinator (YC) updated their core investment instrument and launched what is now known as the post-money SAFE. We analysed the post-money SAFE back in 2020 – see our blog here https://kindrik.co.nz/blogs/a-primer-on-post-money-safes-in-new-zealand/. The main difference between a pre-money and post-money SAFE is that, on conversion, under the pre-money…

Updated Singapore model VC documents

The template documents used in the venture capital ecosystem across Southeast Asia have been updated. Launched by the Singapore Academy of Law and the Singapore Venture & Private Capital Association in 2018, the new VIMA 2.0 documents are available for free to help start-ups. 8 new documents have been added…

kindrik newsletter