Pillow, based in Singapore, has raised $18 million in Series A funding from Accel, Quona Capital, Elevation Capital, and Jump Capital.
Arindam Roy, Rajath KM, and Kartik Mishra started the Pillow platform in 2021. More than 75,000 people use it in more than 60 countries to save and invest in digital assets.
Pillow is a platform for investing in cryptocurrency. It makes easy-to-use products for financial services, savings, and payments.
The company is still in its early stages, but Pillow has high hopes for improving people’s financial journeys in developing countries such as Southeast Asia and Africa. Arindam Roy, Pillow’s CEO, stated.
Pillow wants to encourage and reward a culture of disciplined personal finance, including savings and investments made possible by access to digital assets, so that young, hard-working people can take control of their finances, reach their goals in life, and work toward financial freedom.
Roy said that we are making a set of high-quality, safe, and transparent financial products so that our customers can take advantage of opportunities in the global economy and control their financial futures.
Since 2022, the company’s customer base has grown by 300%, while assets under management have increased by five.
In addition, the company has expanded into new markets such as Ghana, Nigeria, and Vietnam.