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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.
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广州马会酒店交通指南

酒店坐落于广州珠江新城CBD的中心地段,地处广州赛马场内,周边高级住宅建筑、大型购物区及国际级写字楼区林立,附近地铁、公交等交通设施完善,交通四通八达。 【前往酒店】:
- 距离地铁5号线潭村站500米,由西北口出,沿马场路向北步行约5分钟可至酒店;
- 距离新白云国际机场43.5公里,乘坐出租车约40
-45分钟;或由机场乘坐机场大巴2号线至总统大酒店站下,乘坐出租车起步价可至;
- 距离广州站13.1公里,乘坐出租车约20
-25分钟;或由火车站乘坐地铁5号线至潭村站下,步行可至酒店;
- 距离广州东站4公里,乘坐出租车约10分钟;或由广州东站乘坐地铁3号线支线至至体育西路站,换乘地铁5号线至潭村站下,步行可至酒店;
- 距离广州客运总站13公里,乘坐出租车约20
-25分钟;或由天河客运站乘坐地铁3号线至体育西路站,换乘地铁5号线至潭村站下,步行可至酒店。 【酒店周边信息】:
- 至广州世界明车销售中心,举步可至;
-至太阳城新天地购物广场步行约2分钟
-至美国领事馆坐出租车约5分钟
-至暨南大学步行约10分钟
-至华侨医院步行约15分钟
- 距离珠江公园1公里,步行约10分钟;
- 距离天河公园2.9公里,乘坐出租车约5分钟。
-距离琶洲会馆6公里,乘坐的士10分钟
-距离广州火车东站5.2公里,乘坐的士约10分钟
-距离白云机场50公里,乘坐机场大巴10号线到海涛酒店下,换乘的士5分钟即到酒店(10元车费)
-距离太阳新天地(广百)100m,步行2分钟
-距离天河城4公里,乘的士8分钟
-距离花城广场3公里,乘的士约5分钟
-距离广州塔4.5公里,乘的士约8分钟

所属商业区:珠江新城/五羊新城商圈
酒店区域:天河区
酒店地址: 广东省 · 广州 · 天河区 · 黄埔大道西668号广州赛马场