NewsHK
Singapore-headquartered Qashier has crossed US$1 billion in annualised payment volume and turned profitable across four Southeast Asian markets on what the company describes as a lean capital base, announcing simultaneously a US$6.125 million fundraise to press that advantage into wider regional expansion.
The dual disclosure — operating milestone alongside fresh capital — signals a company moving from proving the model to scaling it.
The Numbers That Matter to the Buy-Side Annualised recurring revenue grew 61% in 2025, a rate that, set against the profitability claim, suggests Qashier is generating operating leverage rather than buying growth with investor subsidy.
Reaching profitability across four markets before raising a growth round inverts the typical Southeast Asian technology playbook, where companies customarily achieve scale first and hunt for a path to breakeven later.
Keep reading