Qashier raises $6.1M in Series A+
What's the deal? Qashier, a Singapore-based merchant operating system, raised $6,125,000 in a series A+ round of equity and debt.
Cocoon CapitalDealroom has a profile for this one. Try Dealroom →, IFP SecuritiesDealroom has a profile for this one. Try Dealroom →, and BlackSoil GlobalDealroom has a profile for this one. Try Dealroom → led the round. The funds will back regional expansion and product development.
The company said it has been profitable every month since December 2025. It now processes $1 billion in annualised payment volume for more than 20,000 merchants across Singapore, Malaysia, Thailand, and the Philippines.
Why now? The raise follows a $10 million series A in August 2023, co-led by Delivery Hero Ventures and IFP SecuritiesDealroom has a profile for this one. Try Dealroom →.
Qashier has expanded its offering fast. It secured a Major Payment Institution license in Singapore in February 2025, unlocking merchant acquisition and domestic and cross-border money transfers.
Its lending arm, QashierLoans, has disbursed more than $10 million to over 100 small and medium-sized enterprises since launching in June 2025.
What could go wrong? Payments and lending are crowded, capital-intensive fields across Southeast Asia.
Scaling cross-border transfers and SME loans means tighter regulatory scrutiny and rising credit risk — pressures that could test newfound profitability.
The signal: A breakout-stage company turning monthly profitable while doubling down on regional expansion is a rare combination in Southeast Asia's capital-intensive fintech scene. Qashier's repeat backers — Cocoon CapitalDealroom has a profile for this one. Try Dealroom → and IFP SecuritiesDealroom has a profile for this one. Try Dealroom → both returned from its 2023 series A — signal investor conviction that its all-in-one merchant stack can win the region's millions of small businesses.
Read more: TechInAsia
Image credit: Generated with Gemini
