# FinAccel funding: rounds and investors

> FinAccel has raised $120M across 2 rounds since 2018. Investors include Square Peg, Asia Growth Fund and 500 Global. Every round with its source.

Source: https://millionrounds.com/company/finaccel (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Series C startup](https://millionrounds.com/companies)

# Who invested in *FinAccel*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Valuation: $1.7B, 2022

Funding summary Updated 26 Oct 2026

**$120M** raised across 2 rounds since 2018, from 2 sources

**$30M** Series B **$90M** Series C

- **Latest round:** Series C, $90M Dec 2019
- **Led by:** Square Peg and Asia Growth Fund
- **Step-up i:** 3×
- **Investors:** 9 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$30M** Series B

**$90M** Series C

- **First round:** Series B, $30M
- **Biggest round:** $90M
- **Between rounds:** 16 months

## The rounds

- **Dec 2019** Series C **$90M** *2 new* [Square Peg](https://millionrounds.com/fund/square-peg-2) Lead Asia Growth Fund Lead Reported by TechCrunch
- **Jul 2018** Series B **$30M** *7 new* [500 Global](https://millionrounds.com/fund/500-startups) [Jungle Ventures](https://millionrounds.com/fund/jungle-ventures) [Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) [GMO](https://millionrounds.com/fund/gmo) [Atami Capital](https://millionrounds.com/fund/atami-capital) [OpenSpace](https://millionrounds.com/fund/openspace) Square Peg Capital/ MDI Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2018 **Series C** 2019 [Square Peg](https://millionrounds.com/fund/square-peg-2) L Asia Growth Fund L [500 Global](https://millionrounds.com/fund/500-startups) [Jungle Ventures](https://millionrounds.com/fund/jungle-ventures) [Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) [GMO](https://millionrounds.com/fund/gmo) [Atami Capital](https://millionrounds.com/fund/atami-capital) [OpenSpace](https://millionrounds.com/fund/openspace) Square Peg Capital/ MDI

## Everyone who backed them

[Square Peg](https://millionrounds.com/fund/square-peg-2) VC firm **1** round, led 1

Asia Growth Fund no record of our own yet **1** round, led 1

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Jungle Ventures](https://millionrounds.com/fund/jungle-ventures) VC firm **1** round

[Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) VC firm **1** round

[GMO](https://millionrounds.com/fund/gmo) Private equity **1** round

[Atami Capital](https://millionrounds.com/fund/atami-capital) Growth equity **1** round

[OpenSpace](https://millionrounds.com/fund/openspace) Company **1** round

Square Peg Capital/ MDI no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=finaccel).

## Also claim to have backed them

This firm lists FinAccel as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) Corporate VC Per its own site

## Quick answers about FinAccel

### Who invested in FinAccel?

FinAccel's investors include Square Peg, Asia Growth Fund, 500 Global, Jungle Ventures and Alpha JWC Ventures, and 4 more on record. Square Peg led its latest round.

### How much has FinAccel raised?

FinAccel has raised $120M across 2 rounds since 2018.

### When did FinAccel last raise?

FinAccel's most recent round was a Series C of $90M in Dec 2019, led by Square Peg.

### What was FinAccel's biggest round?

Its most recent round, $90M in Dec 2019, is also its largest on record.

### Who backed FinAccel first?

FinAccel's first round on record, in Jul 2018, was backed by 500 Global, Jungle Ventures and Alpha JWC Ventures and 4 others.

### What stage is FinAccel at?

FinAccel's latest named round is a Series C, in Dec 2019.

### Where is FinAccel based?

FinAccel is based in Singapore.

### Who led FinAccel's rounds?

Square Peg led the Series C in 2019.

## Companies like FinAccel

In the same sector, and raised in the last eighteen months.

[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)[**Tazapay** $53M · Mar 2026](https://millionrounds.com/company/tazapay)[**Penguin Securities** $18M · Feb 2026](https://millionrounds.com/company/penguin-securities)

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