BitX raises funding from Venturra Capital

We’re very excited to announce additional funding from Venturra Capital, a leading Southeast Asian venture fund. Venturra will join our existing group of investors which includes The Naspers Group and Barry Silbert’s Digital Currency Group.

akarta cityscape

Venturra Capital is a US$150m Asia-focused venture fund based out of Jakarta, Indonesia. It was founded by Stefan Jung (ex Rocket Internet and Monk’s Hill Ventures partner), Rudy Ramaway (ex Google Indonesia CEO) and John Riady (Director of the super-conglomerate Lippo Group).

Venturra has unrivalled expertise and networks in Southeast Asia and this partnership will help us solidify our leadership position in the region. The additional funding will also help us accelerate some of our product, hiring and market expansion initiatives.

You can download the press release here: BitX Venturra Funding, Dec 2015.

Marcus Swanepoel
Marcus is the cofounder and CEO of BitX. Previously, he worked for Standard Chartered in Singapore and before that 3i and Morgan Stanley in London. He holds an MBA from INSEAD, is a qualified Chartered Accountant and a CFA charterholder. He is a South African citizen and a Singapore Permanent Resident.