Investment Notes: StashAway US$16m Series C
Square Peg explains why it led wealth management platform StashAway's USD16 million Series C, alongside three co-investors, praising the founders and Southeast Asia's growth outlook.
Investor · 1 deal
Every published round Asia Capital Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| StashAway | Series C | 22 Sep 2020 | $16m | Participant | Square Peg Capital portfolio (Wed 23 Dec 2020), Square Peg Capital portfolio (Tue 22 Sep 2020), Square Peg Capital portfolio |
Companies Asia Capital Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| StashAway | 22 Sep 2020, Series C | 1 | 0 |
Fund closes reported for Asia Capital Group, as distinct from the investments it has made.
Companies Asia Capital Group has backed that another company then bought. An exit for the holding, not a deal Asia Capital Group did.
Stories naming Asia Capital Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Square Peg explains why it led wealth management platform StashAway's USD16 million Series C, alongside three co-investors, praising the founders and Southeast Asia's growth outlook.