Cross-border payments firm InstaReM closes Series C round at $41m

InstaReM co-founder and CEO Prajit Nanu

Singapore-based digital cross-border payments company InstaReM has raised an additional $20 million to close its Series C financing round at $41 million, the company announced on Tuesday.

The new financing was led by existing investor Singapore-based Vertex Growth Fund and backed by new investor South Korea-based venture capital firm Atinum Investment.

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