PETALING JAYA: FastCo, the holding company behind a jobs portal and a flexi-work recruitment app, both of which are based in Singapore, has raised S$10.5 million (RM35.21 million) under a new round of funding.
A Series A funding, led by Malaysian investment bank OSK Venture International Bhd (OSKVI), returned a total investment of S$4.7 million (RM15.77 million).
Another S$5.8 million (RM19.46 million) came in from existing investor Cento Ventures and new investor Kairous Capital during the initial funding round in December last year.
FastCo owns FastJobs, a non-executive job portal and FastGig, Singapore’s first flexi-work recruitment app.
FastCo founder and CEO Julian Tan said both OSKVI and Kairous were strategic partners that would help to strengthen its expansion into Malaysia where FastCo aimed to focus on the underserved B40 market.