Basic Introduction

Koku mainly cooperates with non-bank financial intermediaries such as remittance services and online lenders to improve service speed through technological optimization, helping users complete foreign currency exchange and cross-border remittances in a more economical way.

Koku mainly works with clients in Singapore, Hong Kong and the Philippines, and plans to expand into emerging markets in Southeast Asia, including Cambodia, Indonesia, Myanmar and Vietnam in the future.

Financing

In December 2016 , it received US$ 250,000 in seed round financing .

In April 2019 , Koku , a Singaporean cross-border service technology platform, announced the completion of a $ 2 million Pre-A financing. There was only one investor in this round, namely Zeng Liqing, co-founder of Tencent and chairman of angel investment company Dexun Investment. The new funds will be used to expand the company's Southeast Asian business, with potential markets including Indonesia, Vietnam, Myanmar and Cambodia.

References