Qashier, Southeast Asia’s unified merchant operating system, has announced a $6.12-million Series A+ financing round comprising equity and debt.
The round was led by Cocoon Capital, IFP Securities and BlackSoil Global, with participation from strategic angel investors. The capital will support regional expansion and product development.
The Singapore-based company claims that it now processes $1 billion in annualised payment volume for more than 20,000 merchants across Singapore, Malaysia, Thailand and the Philippines, and has been profitable every month since December 2025.
Over the year, it grew annualised recurring revenue by 61% and secured its major payment institution license in Singapore in February 2025.
The company has raised under $20 million in funding to date.
Qashier integrates these functions into a single platform, offering more than 50 business management modules and support for over 20 payment methods, including cards, QR codes, e-wallets and buy-now-pay-later services. The company also operates its own payments infrastructure, covering KYC, payment processing, payouts and cross-border settlement.
With the new funding, Qashier will focus on enhanced omnichannel payments, broader embedded financial services, and AI-enabled insights and workflow automation.
It will also expand its offering for larger, multi-outlet businesses, particularly in food and beverage and beauty and wellness, where merchants require sophisticated workflows, consolidated reporting and a consistent customer experience across locations and markets.
Qashier is preparing for a Series B round to fund its next phase of growth, with milestones expected in recurring revenue, payment licensing and loan disbursements.
