NBD Ventures

NBD Ventures is a Hong Kong-based private investment and advisory firm, founded in 2013 as a corporate venture capital arm of the National Development Bank of Sri Lanka. The firm focuses on investing in high-growth, cash-positive companies, particularly within the technology, payments, telecommunications, media, and entertainment sectors. NBD Ventures employs a flexible investment approach, prioritizing partnerships with talented and ethical founders. By leveraging extensive business experience and a broad network, NBD Ventures aims to drive scale in business models and enhance shareholder value. The firm believes that ethical behavior, hard work, and practical knowledge create extraordinary opportunities that are often overlooked.

Nina Duong

Co-Founder, Partner, Advisory and Investments and Chairwoman

Evan Lau

Co-Founder, Partner, Advisory and Investments and Board Member

6 past transactions

Bancstac

Seed Round in 2020
Bancstac’s payments technology platform is integrated with banks, governments and merchants across Asia Pacific. We help our customers accept and process mobile wireless payments, digital app based / e-wallet payments, e-commerce platform payments, card present payments including scheme debit, and card not present payments including interactive voice response payments. These payment acceptance capabilities are all offered within Bancstac’s highly secure level 1 certified PCI-DSS ecosystem. Bancstac is integrated with all global card schemes including Visa, Mastercard, American Express, Discover and JCB. The Bancstac payments technology platform is a bank owned disruptive answer to the onslaught of fintech companies eroding away at their direct to merchant relationships. Bancstac empowers the relationship between bank and merchant, our tools help foster data-driven value-added dialogue. Bancstac removes the headache of trying to keep up with the latest and greatest payments capability. The Bancstac integration team connects to bank side legacy systems. We deploy, test, operate and maintain the Bancstac payments technology platform. Our goal is to accelerate the adoption of digital payments across Asia Pacific thereby reducing transaction costs to consumers, increasing profitability for merchants and driving revenue growth for banks whilst reducing their operational and compliance costs.

Numo Labs

Acquisition in 2019
Numo Labs is a mobile telecommunications software solutions and services company based in Chatswood, Australia. It specializes in network management and configuration management, offering a range of services to mobile operators. These services include big data mediation and filtering, as well as MPLS network management, focusing on enhancing telecommunications and machine-to-machine (M2M) communications. Numo Labs aims to provide efficient and effective solutions to address the needs of the telecom industry.

Jamax

Acquisition in 2019
Software solution development agency
Paycorp is a provider of enterprise payment processing solutions to banks, corporates and industry specific vertical markets.

Bancstac

Pre Seed Round in 2018
Bancstac’s payments technology platform is integrated with banks, governments and merchants across Asia Pacific. We help our customers accept and process mobile wireless payments, digital app based / e-wallet payments, e-commerce platform payments, card present payments including scheme debit, and card not present payments including interactive voice response payments. These payment acceptance capabilities are all offered within Bancstac’s highly secure level 1 certified PCI-DSS ecosystem. Bancstac is integrated with all global card schemes including Visa, Mastercard, American Express, Discover and JCB. The Bancstac payments technology platform is a bank owned disruptive answer to the onslaught of fintech companies eroding away at their direct to merchant relationships. Bancstac empowers the relationship between bank and merchant, our tools help foster data-driven value-added dialogue. Bancstac removes the headache of trying to keep up with the latest and greatest payments capability. The Bancstac integration team connects to bank side legacy systems. We deploy, test, operate and maintain the Bancstac payments technology platform. Our goal is to accelerate the adoption of digital payments across Asia Pacific thereby reducing transaction costs to consumers, increasing profitability for merchants and driving revenue growth for banks whilst reducing their operational and compliance costs.

Rev

Convertible Note in 2018
Rêv is a financial services technology company that specializes in developing innovative payment products globally. The company utilizes a proprietary transaction processing platform to deliver solutions in areas such as travel, loyalty, currency exchange, and mobile banking. By focusing on creating convenient and efficient payment experiences, Rêv aims to disrupt traditional payment models and provide significant benefits to users worldwide.
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