Mobile point of sale venture Softpay gets $1m Series A from fintech VC Life.SREDA

Mobile point of sale venture Softpay gets $1m Series A from fintech VC Life.SREDA

Visual of Softpay Mobile website. October 2015.

Southeast Asian mobile point of sale (MPOS) venture SoftPay Mobile International, which is incorporated in Singapore but operates in Vietnam, has secured a $1-million Series A investment round led by Singapore-based fintech VC firm Life.SREDA, via their InspirAsia Accelerator.

A second unnamed investor also participated in the round alongside Life.SREDA, which according to a release places their valuation at “double digit millions”.

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