Fintech startup Sleek has allegedly netted $4 million in venture funding for its attempts to take on the conventional corporate services industry. Sleek stated it tries to offer a wide range of cloud-based services, from company incorporation and continuing compliance management to digital accounting and tax filing in Singapore and Hong Kong.
SEEDS Capital, the investment arm of Enterprise Singapore, led the funding round, which also included MI8 Ltd., a Hong-Kong multifamily office, and investor Pierre Lorinet, an Enterprise Singapore board member.
“It has been extremely humbling to experience the growth we’ve seen at Sleek over the last three years, even more so amidst the global pandemic, which has been a growth catalyst for fully digital players like us,” said Julien Labruyere, CEO of the FinTech Sleek. “Ultimately, we envision Sleek to be the go-to digital platform for all entrepreneurs setting up in Singapore, Hong Kong and beyond,” he told the French Chamber of Commerce in Singapore.
Labruyere added that the funding “will be used to expand to new markets in Asia and develop digital tools” by offering corporate and financial services aimed at entrepreneurs, investors and small to medium-size businesses (SMBs).