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Loeb Guides MindWorks in Series B Investment in Finture

Loeb & Loeb represented MindWorks, an innovative Hong Kong-based venture capital fund, in its Series B investment in Singapore-based Finture Pte. Ltd., the operator of YUP, a mobile app and fintech platform providing innovative financial services to individual customers in Indonesia. MindWorks served as the lead investor in the Series B round.

The transaction closed in August 2024, with the total amount of Finture’s Series B financing at US$30 million.
 
The Loeb team was led by Henry Yin, chair of the firm’s Asia M&A and Technology Transaction practices, and included Corporate counsel Benjamin Yao and associates Bowen Yang and Shaun Tho.