Chocolate Finance announced today the completion of a US$15 million Series A+ funding round.
The company also confirmed it has received regulatory approval to operate in Hong Kong, marking its first anniversary since launching in Singapore.
The funding round was led by Nikko Asset Management, with participation from existing investors Peak XV, Prosus, Saison Capital, and founder Walter de Oude.
The fresh capital will support the company’s expansion plans and product development across the region.
Chocolate Finance, which launched in July 2024, offers a savings platform for users to grow idle cash in SGD and USD.
Since its launch, the company has delivered approximately S$22.7 million in returns to nearly 100,000 users and reached close to S$900 million in assets under management as of 20 July.
The company is also rolling out a Double Referral Program from 22 July to 31 August 2025, offering enhanced rewards and exclusive merchandise to engage users and reward referrals.
“We have built such a great business in Singapore and helped so many people get a decent return on their cash. Now it’s time to accelerate international expansion, and this new capital allows us to progress in our regional growth aspirations. Securing this latest round of funding is a strong vote of confidence in Chocolate’s vision, our business fundamentals, and the incredible team driving it.
It allows us to double down on product innovation, regional expansion, and most importantly, continuing to build a financial platform that prioritises simplicity, and just delivers what it promises – a great place for your spare cash,”
said Walter de Oude, CEO and Founder of Chocolate Finance.
