Bird & Bird ATMD LLP advised Qapita Fintech Pte. Ltd. in its US$17.22 million fundraising round from existing investors including East Ventures, Cercano Management, NYCA and others. Qapita Fintech is a Singapore-based tech startup which provides an equity management platform to help private companies and start-ups digitally manage capitalisation tables and ESOP programs and which provides solutions for shareholder and employee liquidity. The proceeds from the fundraising are to be used for the Qapita group’s business expansion, working capital requirements and other purposes in accordance with its business plan and the annual budget.
The Bird & Bird ATMD LLP team comprised partner Marcus Chow and associate Tan Xing Yi.
Lead partner Marcus Chow said, “Congratulations to the entire team at Qapita Fintech. By providing an innovative platform to streamline equity management for companies, Qapita Fintech has become a key player in empowering private companies and startups. I am confident that Qapita will continue to thrive and make a meaningful impact in the industry.
The Singapore team has advised on several major fundraising deals in Singapore, such as ABC Impact’s £20 million Series B fundraising round of Polymateria Limited and East Ventures’s US$26 million Series A fundraising round of Gokomodo.
