Fintech platform for the underserved middle class Surfin raises US$12.5 million from Insignia Ventures Partners, as it sustainably uplifts 60 million lives across 3 continents

SINGAPORE, Oct. 9, 2024 /PRNewswire/ -- Surfin, a financial technology platform dedicated to serving the underserved middle class, has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with approximately $2.7 billion in cumulative transactions.

Founded in 2017 and headquartered in Singapore, Surfin began with consumer lending and expanded into a suite of financial services including payments and remittance, credit card issuance, and wealth management. Leveraging AI and analytics, Surfin is committed to offering an ecosystem of transparent and innovative financial services to the growing middle class that is often overlooked by traditional banking systems.