天津泰达万豪行政公寓

滨海新区经济技术开发区第二大街29号
天津 · 天津市

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Travel e-commerce portal Ksher plans more fundraising this year after recent round

2020/4/3 12:39:23
Cross-border e-payment solution provider Ksher has recently raised tens of millions of dollars in its A+ round of financing. MindWorks Ventures was the lead investor, and strategic shareholders in Japan and Malaysia also participated. Mumian Capital was the exclusive financial advisor.

Established in 2016, Ksher positions itself as a global mobile payment service platform, providing cross-border payment services for travelers in the start-up phase and then progressing to financial and marketing technology solutions for global merchants.

Ksher raised its angel round funding from investor Yongqiang Qian in 2016 and the pre-A round from Japan’s Infinity Ventures Partners in 2017. In 2018, it secured tens of millions of dollars from Sequoia in its A round of financing for global expansion.

Ksher has been cooperating with financial institutions to provide an expanding range of localized services, among them are Rakuten Bank of Japan, Mashrach Bank of the UAE and Ribank of Russia. Separately, Ksher and Thailand Immigration Bureau have jointly established a visa-on-arrival operating system for Chinese tourists. The company has also worked with the Thai Ministry of Interior to collaborate with OTOP merchants on payment and market technology. OTOP is a local entrepreneurship promotion program designed to support unique locally made and marketed products from various districts in Thailand.

Ksher has successfully linked with a number of popular overseas wallets such as PromptPay, TrueMoney, LINE Pay, AirPay, GrabPay in the past year.

Since 2016, Ksher has expanded from its stronghold in Thailand to 13 countries including Singapore, Malaysia, Japan, the UAE, Canada and the UK. It has serviced more than 100,000 merchants and the annual turnover has increased from USD 1 million to USD 1 billion, growing at an annual rate of 200% to 300%.

Ksher currently has 130 employees, half of its team is based in overseas offices in Thailand, Singapore, Malaysia and Japan, with a local service team in each overseas market the company services. The company plans to start its B round of financing this year.

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位于天津经济技术开发区的核心位置 临近天津滨海国际会展中心和泰达足球场,距离酒店3公里 泰达MSD(写字楼及商务购物娱乐休闲),距离酒店1公里 面向华纳高尔夫球场,距离酒店300米 北京国际机场,距离150公里 天津滨海国际机场,距离31公里 天津塘沽火车站,距离8公里 滨海高铁站,距离12公里

所属商业区:滨海新区开发区(滨海新区)
酒店区域:滨海新区
酒店地址: 天津市 · 天津 · 滨海新区 · 经济技术开发区第二大街29号

天津泰达万豪行政公寓

滨海新区经济技术开发区第二大街29号
天津 · 天津市