Indonesia-based fleet management startup McEasy has secured $9 million in a Series B financing round, while Australia-founded payment assurance company Eftsure has launched operations in Singapore.
McEasy raises $9m Series B funding
Indonesia-based fleet management startup McEasy has secured $9 million in a Series B financing round comprising equity and debt, according to an announcement on Tuesday.
Singapore-based venture capital firm Integra Partners led the equity portion of the round, while InnoVen Capital provided venture debt. The company had previously raised seed and Series A funding from East Ventures and Granite Asia.
In June, DealStreetAsia reported that the $6-million equity tranche was fully backed by Integra Partners. The investment gave Integra a 13.4% stake in McEasy, making it the startup’s third-largest shareholder after East Ventures (22%) and Granite Asia (19%).
The fresh capital will support McEasy’s expansion into Southeast Asian markets beyond Indonesia and strengthen its machine learning capabilities to further develop predictive capabilities powered by the vehicle data it has collected over the past nine years.
“What this round buys is the shift from recording to predicting—turning nine years of vehicle data into models that tell fleet operators what happens next, rather than what already happened,” said Raymond Sutjiono, co-founder and CEO of McEasy. “We want to be the platform Southeast Asian fleets are measured against.”
Jennifer Ho, partner at Integra Partners, said the firm’s investment was supported by McEasy’s operational performance and customer retention. “McEasy’s land-and-expand strategy has produced growth that is consistent and reliable, not opportunistic. The company reached EBITDA profitability even without our capital, a result of a sustained focus on capital efficiency,” Ho said.
Australia’s Eftsure expands Asia footprint
Australia-founded payment assurance company Eftsure has launched operations in Singapore, expanding its footprint in Asia after growing its presence in Australia, New Zealand, the US and Europe.
The company said the expansion will allow finance teams in Singapore to access its payment verification platform, which continuously validates payment details and monitors vendor data for changes across domestic and cross-border transactions.
Eftsure said it decided to enter Singapore given the city-state’s role as a regional financial hub, where many multinational companies manage high volumes of cross-border vendor payments through centralised finance functions. The company also pointed to the absence of a public system for verifying whether a bank account belongs to a business, leaving finance teams reliant on manual verification processes.
“AI has made fraud cheap to produce and truth expensive to verify,” said Karthik Manimozhi, global president for growth and markets at Eftsure. “Manual checks and callbacks were designed for a world where deception took effort and cost money. Trust now has to sit inside the infrastructure itself, validating payment data before money moves.”
The company said its payment verification network spans more than 190 countries and territories, covering about 85% of the world’s banked population. The platform is used across procure-to-pay, payroll and other business payment workflows.
Chief executive Jon Soldan said finance teams are under increasing pressure to accelerate payments while maintaining governance and audit controls.
“Finance leaders are expected to move faster, even as they tighten their governance and audit controls. That depends on confidence in the data behind every payment,” Soldan said.
Founded in Australia in 2014, Eftsure expanded into the US before combining with France-based Sis ID in 2025 to extend its payment verification capabilities across Europe. The company said it now serves more than 4,000 organisations globally and safeguards hundreds of billions of dollars in business-to-business payments each year.
