AEI Legal is honoured to be a finalist again for Rising Law Firm and Transactional Boutique Law Firm of the Year in the Southeast Asia Law Awards 2020.

Many thanks to our clients and partners for their continued support; helping our clients reach their goals is our raison d’être. We are very heartened by the recognition, these nominations fuel our continued dedication to excellent work, and we will do our best to make all our stakeholders proud.

Insider, a Turkish marketing platform headquartered in Singapore and operating in 23 countries, closed a recent funding round that allegedly valued Insider at over US$200 million.

The Series C involved prominent investors Riverwood Capital, Sequoia Cpaital, Wamda Capital, and Endeavor Catalyst, amongst others.

AEI lawyers Andrea Chee and Zhitian Law were Singapore counsel to Riverwood Capital.

AEI Legal advised the Xfers Group as part of the US$53 million Series B round for Payfazz Financial Group. Other investors included B Capital, Insignia Venture Partners, Tiger Global, Y Combinator, and Ace & Company.

Payfazz offers a portfolio of mobile services that make it easier for Indonesians, even in rural areas without banks, to handle routine financial tasks. Payfazz has reported 10 million monthly active users, and has been named one of Indonesia's top 10 fintechs.

Read more on Techcrunch:
https://techcrunch.com/2020/07/06/payfazz-gets-53-million-to-give-more-indonesians-access-to-financial-services

AEI lawyers Andrea Chee & Yuho Bong advised the Xfers Group.