The Ant Group, Samsung and Citi-backed cross-border trading software provider secured series D funding from Affinity Equity Partners.
Private equity firm Affinity Equity Partners has provided S$200m ($147m) in series D funding for M-Daq, a Singapore-based cross-border financial technology provider with several corporate investors.
M-Daq has built an online platform that enables users to buy and sell foreign securities in a variety of currencies, streamlining trades that could otherwise be affected by currency fluctuations.
Affinity said the deal gave it a joint controlling stake in M-Daq with the company’s staff and management. It has not been disclosed whether…
