Singapore based online payment API provider Telr has raised $3m in Series B funding led by Innovations East fund. Telr offers a set of unified APIs and tools enabling businesses to accept and manage online payments via web and mobile.
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Telr raised $3m Series B
The three-year-old B2B startup will use the proceeds from the Series-B round of funding to further expand its presence, with a particular focus on Indonesia, Saudi Arabia and Egypt. Including the latest round, Telr, that so far counts India and the UAE as its primary geographies, has raised Rs. 66.5 crore) in seed about $10 million (` venture funding till date, according to a senior executive at the company. Wodehouse Capital acted as the financial advisor to the latest transaction.
