Singapore and Bengaluru-based revenue-based financing platform Klub said it raised a seed round of $20 million in a mix of equity and debt. The round saw participation from existing investors 9Unicorns, and Sequoia Capital India’s Surge, along with Alter Global (US) and GMO VenturePartners (Japan) as new investors.
Klub will use the capital to expand its team, accelerate the development of its tech and data platform, and expand its product offerings and market segments.
