Funding

Integra Partners Closes US$90M Fund Targeting Fintech, Insurtech Firms

Singapore-based early-stage venture fund Integra Partners announced the final close of its second fund, Integra Partners Fund II, which closed late last month at US$90 million. This brings the total committed capital managed by the firm to over US$140 million.

Integra Partners said that the new fund is targets fintech, insurtech and digital health opportunities that leverage synergies across sectors to drive financial and healthcare inclusion.

Integra Partners Fund II is anchored by global institutional investors including Germany’s development finance institution DEG, the US International Development Finance Corporation (DFC), Norwegian Investment Fund for Developing Countries Norfund, European alternative asset management group Tikehau Capital, and includes participation from strategic corporates and family offices globally.

Integra Partners focuses on early-stage investments from pre Series A to Series B. Across Integra’s two funds, the firm has invested in 27 companies, comprising mostly B2B and B2B2C businesses, where Integra frequently delivered the first lead institutional check.

Now a team of 17, Integra has imminent plans of further regional expansion. The firm currently has a footprint in Philippines, India, and Pakistan.

Jinesh Patel

“In the past few years of low interest rates, we’ve seen the rise of overvaluations amid the venture boom. In the next five years, that will not be the case.

Integra has been well-positioned with our disciplined fund deployment strategy, always considering scalability and sustainability of all businesses we invest in. We are excited for what is to come and are thankful to our limited partners for their trust in us,”

said Jinesh Patel, Managing Partner at Integra.