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YouTrip raises $30m in Series A funding

Singapore based challenger bank raised $30m in Series A funding from an unidentified family office. 

“As Southeast Asia is coming out of the pandemic, and with Singapore really leading the way with the vaccination rate, what we saw on the consumer front is a huge pent-up demand in travel and also the recovery of consumer confidence,” she said. “We definitely see more spending on e-commerce and in terms of travel, we’ve seen daily transaction volumes grow at least two to three times since the beginning of Singapore’s vaccinated travel lanes.” 

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