CapBridge

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CapBridge
IndustryFintech
Founded2015; 11 years ago (2015)
FounderJohnson Chen
Headquarters
Area served
Asia-Pacific
Key people
Johnson Chen CEO
Websitecapbridge.sg

CapBridge is an online investment platform, headquartered in Singapore. It was founded in 2015 and backed by Singapore Exchange.[1][2] CapBridge was approved by the Monetary Authority of Singapore (MAS), Government of Singapore to operate both a primary capital raising platform utilizing a Capital Markets Securities License,[3] and a private securities exchange - 1exchange with a Recognized Market Operator license.[4][5]

History

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The company was founded in 2015 by Johnson Chen.[6] It raised funding of S$4 million (US$2.9 million) from VC investor Tim Draper in October 2017.[7][8] In May 2018, the company secured $5 million in Series A funding in an over-subscribed round.[9]

In November 2018, the company received license from the Monetary Authority of Singapore to operate a securities exchange, 1exchange, as a recognised market operator.[4] Singapore Exchange (SGX) has its investment in CapBridge through its subsidiary Asian Gateway Investments.[7]

In February 2019, the company launched a product called Preferred Access.[6] It allows investors to access multiple private equities or venture capital investments for a minimum amount of SGD $5,000.[10][11] CapBridge also has a Capital Market Services license from the Monetary Authority of Singapore.[3]

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References

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