Apis Partners invests $50M to accelerate BIPO’s global expansion

Apis Partners backs BIPO with $50m growth investment

Apis Partners, a private equity firm focused on tech-enabled financial infrastructure businesses, has committed $50m to BIPO, a Singapore-headquartered payroll and HR platform, to fund international expansion, mergers and acquisitions, and the build-out of embedded financial services. The capital injection will be used to accelerate BIPO’s push into key international markets, particularly emerging and high-growth economies, while also funding ta…

Apis Partners invests $50M to accelerate BIPO’s global expansion

Apis Partners Group (UK) Limited, a private equity firm investing in tech-enabled businesses in financial infrastructure and services, has on Thursday announced an investment of $50 million in BIPO, a Singapore-based payroll payment processing and embedded workforce finance platform. The duo said in a statement that Apis will support BIPO in pursuing merge and acquisition (M&A) globally, drawing on the firm’s established track record of leading …