SEA Deal Ticker
Singapore's Qashier raises $6.1M Series A+, profitable on $1B annual payment volume
The merchant-OS startup, now profitable across four markets, processes $1B in annualised payments for 20,000-plus merchants in Singapore, Malaysia, Thailand and the Philippines. Cocoon Capital led the equity-and-debt round.
Positive-sum angle: Cheap, profitable point-of-sale rails let small SEA merchants accept omnichannel payments and embedded finance without ceding margin to Western processors — every corner shop onboarded widens the region's formal-economy base.