01Fintech
Corporate Round in 2023
01Fintech is a growth equity investment firm founded in 2022 and based in Hong Kong. The firm specializes in investing in growth-stage fintech startups, primarily focusing on opportunities in Southeast Asia. By targeting this dynamic sector, 01Fintech aims to support innovative companies that are shaping the future of financial technology in the region.
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.