News > Winklevoss twins invest in payment management startup founded by Indians

Winklevoss twins invest in payment management startup founded by Indians

01/03/2022 07:55 PM | Click to read full article

The Y Combinator-backed Singapore-based corporate cards and payable management start-up, Volopay, announced on March 1 that it had raised $29 million in Series A, a mix of equity and debt, from the Winklevoss twins - Cameron and Tyler along with a global decacorn among others to enter the Indian market.

The part of Series A funds will be put towards their forthcoming market launches, building and innovating new technology to complement their existing product.

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