| CapBridge | |
| Industry: | Fintech |
| Predecessors: | --> |
| Successors: | --> |
| Founder: | Johnson Chen |
| Hq Location Country: | Singapore |
| Area Served: | Asia-Pacific |
| Key People: | Johnson Chen CEO |
| Profit: | --> |
| Profit Year: | --> |
| Owners: | --> |
CapBridge is an online investment platform, headquartered in Singapore. It was founded in 2015 and backed by Singapore Exchange.[1] [2] CapBridge was approved by the Monetary Authority of Singapore (MAS), Government of Singapore to operate both a primary capital raising platform utilizing a Capital Markets Securities License, and a private securities exchange - 1exchange with a Recognized Market Operator license.[3]
The company was founded in 2015 by Johnson Chen. It raised funding of S$4 million (US$2.9 million) from VC investor Tim Draper in October 2017.[4] [5] In May 2018, the company secured $5 million in Series A funding in an over-subscribed round.[6]
In November 2018, the company received license from the Monetary Authority of Singapore to operate a securities exchange, 1exchange, as a recognised market operator.[7] Singapore Exchange (SGX) has its investment in CapBridge through its subsidiary Asian Gateway Investments.[4]
In February 2019, the company launched a product called Preferred Access.[8] It allows investors to access multiple private equities or venture capital investments for a minimum amount of SGD $5,000.[9] [10] CapBridge also has a Capital Market Services license from the Monetary Authority of Singapore.[11]