Malaysia’s Captii Ventures invests $520k in Pouch

Digital loyalty rewards app, and NFC payment wristband startup Pouch.

Digital loyalty rewards app startup Pouch has bagged $520,000 seed funding from Malaysia-based Captii Ventures, to launch its payment wristband in the Southeast Asia region.

Captii Ventures, the venture investments arm of Singapore stock exchange-listed Captii Group, said in a statement that the firm was impressed with Pouch’s progress so far with its near field communication (NFC) payment wristband.

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