Chocolate Finance introduced at the moment the completion of a US$15 million Collection A+ funding spherical.
The corporate additionally confirmed it has acquired regulatory approval to function in Hong Kong, marking its first anniversary since launching in Singapore.
The funding spherical was led by Nikko Asset Administration, with participation from present buyers Peak XV, Prosus, Saison Capital, and founder Walter de Oude.
The recent capital will assist the corporate’s enlargement plans and product improvement throughout the area.
Chocolate Finance, which launched in July 2024, gives a financial savings platform for customers to develop idle money in SGD and USD.
Since its launch, the corporate has delivered roughly S$22.7 million in returns to almost 100,000 customers and reached near S$900 million in property below administration as of 20 July.
The corporate can also be rolling out a Double Referral Program from 22 July to 31 August 2025, providing enhanced rewards and unique merchandise to have interaction customers and reward referrals.
“Now we have constructed such an awesome enterprise in Singapore and helped so many individuals get a good return on their money. Now it’s time to speed up worldwide enlargement, and this new capital permits us to progress in our regional development aspirations. Securing this newest spherical of funding is a powerful vote of confidence in Chocolate’s imaginative and prescient, our enterprise fundamentals, and the unbelievable crew driving it.
It permits us to double down on product innovation, regional enlargement, and most significantly, persevering with to construct a monetary platform that prioritises simplicity, and simply delivers what it guarantees – an awesome place on your spare money,”
stated Walter de Oude, CEO and Founding father of Chocolate Finance.