AsiaCollect targets to close $6m round soon, ropes in Digital Ventures as an investor

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Singapore-based AsiaCollect, a debt collection startup, is targeting to close $6-million in a Series A funding round soon. As part of the investment, the startup has already roped in Digital Ventures, the venture capital arm of Thai lender Siam Commercial Bank, as its investor, a top executive from AsiaCollect told DealStreetAsia.

AsiaCollect last raised $4.5 million from SIG Asia Investments in 2018. Prior to that, in 2016, it raised a seed round amounting to $1.2 million from Forum, and another $1 million in 2017 from Dymon Asia Ventures, according to data available with Crunchbase.

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