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Proxtera

“Can a government-backed B2B marketplace metahub become the financial infrastructure backbone for MSME cross-border trade across ASEAN and Africa?”

Founded2020
HQSingapore
Latest roundSeed, 2023-03-16
IndustryMarketplace / Two-sided
The story

Proxtera was established in 2020 as the commercialisation vehicle for the MAS/IMDA 'Business Sans Borders' initiative, positioning itself as a metahub connecting B2B marketplaces and their MSME customers for cross-border trade discovery and financing. It quickly moved beyond pure matching to embed financial services directly into the network — launching a Tazapay-powered escrow product in 2021, then a multi-currency FX exchange platform in 2022. The company is now pursuing government partnerships (e.g. GIFE with Ghana's DBG) to build Integrated Financial Ecosystems that bundle digital literacy, trusted credentials, trade financing, and cross-border payments for underserved MSMEs across ASEAN and Africa.

Last 12 months
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Product timeline
2020
Proxtera Pte. Ltd. incorporated in Singapore as a commercialisation of the Monetary Authority of Singapore (MAS) and IMDA 'Business Sans Borders' initiative.· pivot
2021
Launched 'Proxtera Protect, Powered by Tazapay' — a digital escrow payment service for B2B cross-border transactions on the Proxtera network.· banking
2021
Standard Chartered signed MoU with Tazapay to deliver digital Escrow-as-a-Service on the Proxtera network.· banking
2022
Launched Emerging Markets Currency Exchange (EMCX) beta at Singapore Fintech Festival with FinTech partners WorldFirst, Liquid Group, Thunes, and Wise.· banking
2023
Raised Seed round from 3 investors; signed MoU with Development Bank Ghana (DBG) to deliver Ghana Integrated Financial Ecosystem (GIFE) for MSMEs.· lending
The stack
Payments / PSP
Tazapay
Lending
MSME cross-border trade financingSupply chain financingWorking capital financing
FX & payouts
WorldFirstLiquid GroupThunesWise
Accounting gap: none