Browser-based payments startup RateX raises $3 million

NUS Computing alumni Davis Gay and Lim Jing Rong's startup, RateX, recently raised S$3million in a pre-series A funding round. RateX is a free browser extension that automatically provides shoppers with the lowest exchange rate at no transaction fee for overseas purchases through e-commerce platforms. It will use the newly-raised funding to launch of its mobile app in Singapore in Taiwan as well as accelerate its overseas expansion into Indonesia this year.

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