NTT Investment Partners supplied a reported $4m for a round that valued the payment software developer at $338m post-money.

Singapore-based banking software developer Matchmove has received $21m in a funding round featuring NTT Investment Partners, a corporate venture capital vehicle for telecommunications firm NTT, Tech in Asia reported on Friday.

ZTC Private Markets, Singapura Finance and Vickers Venture Partners co-led the round, investing $5m each, while NTT Investment Partners put up $4m and V V Pentafond and Iconic World each contributed $1m. The funding was raised at a $338m post-money valuation.

Founded in 2009, Matchmove provides software that enables…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.