News Snapshot:
Volopay and Microleap raise funds Singapore-based Volopay and Malaysia-based Microleap, have raised $2.1 million and $3.3 million, respectively. Volopay reeled in $2.1 million in seed round, led by Tinder founder, Justin Mateen. Other participating investors included Soma Capital, CP Ventures, Y Combinator, VentureSouq, and Shashank Kumar and Harshil Mathur (founders of Razorpay). Volopay says its goal is “to provide businesses and start-ups in the Asia Pacific region with a powerful control centre for all their financial needs”. It combines business accounts, corporate cards, bill payments, expense reimbursements, credit, cashback, and accounting automation into one single platform. Volopay’s founders are CEO...
