Tripartite alliance of CoAssets, FundedByMe & New Union advances Singapore's crowdfunding space

Tripartite alliance of CoAssets, FundedByMe & New Union advances Singapore's crowdfunding space

Crowdfunding word cloud. Credit: Wikimedia Commons

Singapore-based crowdfunding platforms CoAssets, FundedByMe and New Union have established a tripartite alliance to grow crowdfunding in Southeast Asia.

Combined, the three companies have facilitated raising of S$200 million ($148.17 million dollars) through international campaigns, to date. They plan to accelerate this growth in the coming months, despite the relative youth of the industry in the region.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter