The Integra Partners team
Singapore-based early-stage venture fintech investor Integra Partners has announced the final close of its second fund at US$90 million. This brings the total committed capital managed by the firm to over US$140 million.
Integra Partners Fund II is anchored by global institutional investors, including Germany’s development finance institution DEG, the US International Development Finance Corporation, the Norwegian Investment Fund for Developing Countries Norfund, European alternative asset management group Tikehau Capital, and includes participation from strategic corporates and family offices globally.
The new fund targets fintech, insurtech and digital health opportunities that leverage synergies across sectors to drive financial and healthcare inclusion in Southeast and South Asia. It invests in pre-Series A to Series B stages.
“We included digital health in the mandate for Fund II as we see it as a test case to prove our thesis that fintech is becoming a horizontal layer across all sectors and is embedded in all industries,” said Chris Kaptein, Managing Partner at Integra. “For example, in emerging markets across Southeast Asia, access to healthcare is often a financial problem as medical inflation becomes a pressing concern. Similarly, we see applications of fintech in almost every sector – e-commerce, AI, climate, logistics, education and beyond.”
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Across Integra’s two funds, the firm has invested in 27 companies, comprising mostly B2B and B2B2C businesses. Integra’s portfolio companies include regional e-commerce aggregator, graas (Southeast Asia and India), earned wage access providers wagely (Indonesia and Bangladesh) and GIMO (Vietnam), open finance provider Brankas (Southeast Asia regional), institutional FX platform, Spark Systems (Asia regional), cybersecurity reinsurer, Envelop Risk (Global), and cybersecurity platform ReaQta (Global), which fully exited to IBM in 2021.
With a team of 17, Integra Partners has a footprint in the Philippines, India, and Pakistan. It recently announced the launch of the Win With Women Venture Partner Program, which will add boots on the ground in Vietnam and Indonesia.
Integra intends to continue expanding regionally, building out its venture partner network and in-country teams.
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