Travel e-commerce portal Ksher plans more fundraising this year after recent round
2020/4/3 12:39:23
Cross-border e-payment solution provider Ksher has recently raised tens of millions of dollars in its A+ round of financing. MindWorks Ventures was the lead investor, and strategic shareholders in Japan and Malaysia also participated. Mumian Capital was the exclusive financial advisor.
Established in 2016, Ksher positions itself as a global mobile payment service platform, providing cross-border payment services for travelers in the start-up phase and then progressing to financial and marketing technology solutions for global merchants.
Ksher raised its angel round funding from investor Yongqiang Qian in 2016 and the pre-A round from Japan’s Infinity Ventures Partners in 2017. In 2018, it secured tens of millions of dollars from Sequoia in its A round of financing for global expansion.
Ksher has been cooperating with financial institutions to provide an expanding range of localized services, among them are Rakuten Bank of Japan, Mashrach Bank of the UAE and Ribank of Russia. Separately, Ksher and Thailand Immigration Bureau have jointly established a visa-on-arrival operating system for Chinese tourists. The company has also worked with the Thai Ministry of Interior to collaborate with OTOP merchants on payment and market technology. OTOP is a local entrepreneurship promotion program designed to support unique locally made and marketed products from various districts in Thailand.
Ksher has successfully linked with a number of popular overseas wallets such as PromptPay, TrueMoney, LINE Pay, AirPay, GrabPay in the past year.
Since 2016, Ksher has expanded from its stronghold in Thailand to 13 countries including Singapore, Malaysia, Japan, the UAE, Canada and the UK. It has serviced more than 100,000 merchants and the annual turnover has increased from USD 1 million to USD 1 billion, growing at an annual rate of 200% to 300%.
Ksher currently has 130 employees, half of its team is based in overseas offices in Thailand, Singapore, Malaysia and Japan, with a local service team in each overseas market the company services. The company plans to start its B round of financing this year.
宜昌桃花岭饭店交通指南
地处云集路于夷陵大道的交汇处,北望儿童公园与夷陵广场,东邻宜昌火车站,交通便利。
【前往酒店】:
- 距离宜昌三峡机场31.8公里,乘坐出租车约40分钟;或由机场乘坐机场大巴至夷陵广场站下,步行可至;
- 距离宜昌站850米,步行约10
-15分钟;
- 距离宜昌长途汽车客运站900米,步行约15分钟;
【酒店周边信息】:
- 距离儿童公园700米,步行约10分钟;
- 距离滨江公园800米,步行约7分钟;
- 距CBD购物中心约1.1公里, 步行约11分钟;
- 距离夷陵广场1公里,步行约15分钟;
- 距离宜昌博物馆1.2公里,乘坐出租车约5分钟;
所属商业区:西陵峡口快乐谷/三峡人家
酒店区域:西陵区
酒店地址: 湖北省 · 宜昌 · 西陵区 · 云集路29号