Handshake Finance raises pre-seed funding
Handshake Finance, a Singapore-based fintech startup, has raised SGD 500,000 (USD 388,078.2) in pre-seed funding. Investor details were not disclosed.
The company is building escrow-as-a-service infrastructure for service industries where trust is central, starting with Singapore’s renovation and interior design market. Its platform holds customer funds in escrow and releases payments to service providers against agreed milestones, aiming to reduce prepayment risk for homeowners while improving payment certainty for contractors.
The funds will support Handshake’s expansion in its initial market, where it said it has onboarded more than 40 interior design companies and signed partnerships.
Clear Robotics raises USD 1.75 million
