utu (Financial Services) Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 70

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $35M

  • Investors
  • 2

utu (Financial Services) General Information

Description

Operator of a travel technology company intended to turn VAT and GST tax refunds into rewards. The company offers a mobile and web-based tax refund voucher platform with tax receipt scanning, instant voucher issuance, and varied redemption options, enabling global travellers and retail partners to use enhanced spending credits at participating stores and service providers, increasing purchasing power and supporting local tourism retail economies.

Contact Information

Website
www.utu.global
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 60 Paya Lebar Road
  • Number 05-01, Paya Lebar Square
  • Singapore
  • Singapore
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
SaaS, FinTech
Corporate Office
  • 60 Paya Lebar Road
  • Number 05-01, Paya Lebar Square
  • Singapore
  • Singapore

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utu (Financial Services) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Later Stage VC (Series B) 26-Jun-2023 $35M Completed Generating Revenue
1. Early Stage VC (Series A) 30-Apr-2020 Completed Generating Revenue
To view utu (Financial Services)’s complete valuation and funding history, request access »

utu (Financial Services) Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view utu (Financial Services)’s complete cap table history, request access »

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utu (Financial Services) Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

utu (Financial Services) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2020096524-A1 Method and system for managing a tax refund Inactive 05-Nov-2018
EP-3465588-A1 Method and system for providing a rebate Inactive 31-May-2016
EP-3465588-A4 Method and system for providing a rebate Inactive 31-May-2016
WO-2017209692-A1 Method and system for providing a rebate Inactive 31-May-2016 G06Q30/02

utu (Financial Services) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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utu (Financial Services) Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
SC Ventures Corporate Venture Capital Minority
Korvac Holdings Corporation Minority
To view utu (Financial Services)’s complete investors history, request access »

utu (Financial Services) Acquisitions (1)

utu (Financial Services)’s most recent deal was a Merger/Acquisition with CardsPal. The deal was made on 26-Jun-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CardsPal 26-Jun-2023 Merger/Acquisition Application Software
To view utu (Financial Services)’s complete acquisitions history, request access »

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utu (Financial Services) Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
CardsPal Singapore, Singapore 2019

utu (Financial Services) FAQs

  • When was utu (Financial Services) founded?

    utu (Financial Services) was founded in 2016.

  • Where is utu (Financial Services) headquartered?

    utu (Financial Services) is headquartered in Singapore, Singapore.

  • What is the size of utu (Financial Services)?

    utu (Financial Services) has 70 total employees.

  • What industry is utu (Financial Services) in?

    utu (Financial Services)’s primary industry is Other Financial Services.

  • Is utu (Financial Services) a private or public company?

    utu (Financial Services) is a Private company.

  • What is utu (Financial Services)’s current revenue?

    The current revenue for utu (Financial Services) is .

  • How much funding has utu (Financial Services) raised over time?

    utu (Financial Services) has raised $54.2M.

  • Who are utu (Financial Services)’s investors?

    SC Ventures and Korvac Holdings have invested in utu (Financial Services).

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