Ivan Ong spent about 15 years in London working in tech investment banking and venture capital, backing companies like Wise, N26, Monzo, Wefox, GoCardless, and Airbnb, before moving to Singapore in 2021 to help start AFG Partners. Now at AFG, he focuses on B2B fintech in Southeast Asia, backing companies that build the technical, back-office, and compliance tools that banks, institutions, and SMEs rely on rather than consumer-facing apps.
About their Fund
AFG Partners
Sectors
Fintech, Enterprise, AI, SaaS, Insurtech
Rounds
Series A - Series B+
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Notable Investments
AFG Partners helps non-Asian B2B fintech and enabling tech companies expand into and across Asia, a focus built on founder Ron Savino's background leading investments in more than 20 fintech companies, including Unit, Blockdaemon, Envelop Risk, Aspire, and Causalens. The fund closed a $30 million debut fund centered on B2B fintech, has been named in Brankas' Series B alongside Visa and Insignia, and Savino was cited by PitchBook in its Asia-Pacific fintech research.
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12
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Pre-Seed - Seed
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$400K - $2M
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Defense
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7
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Pre-Seed - Series A
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7
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$100K - $5M
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2
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4
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$400K - $1.5M
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7
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$400K - $2M
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2
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~$750K
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Fintech
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2
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