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Blockchain-based ride-hailing service TADA secures a total of some $14.2 mil in Series A funding

Felicia Tan
Felicia Tan • 2 min read
Blockchain-based ride-hailing service TADA secures a total of some $14.2 mil in Series A funding
The funds will be used to continue MVL’s expansion within its existing markets, develop the mobility ecosystem built on MVL’s blockchain protocol, and capitalise on the growth of TADA.
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SINGAPORE (May 22): TADA, Southeast Asia’s first blockchain-based zero-commission ride-hailing service has completed its Series A extension round for an undisclosed sum on Thursday.

The funding was raised by MVLLABS (MVL), the Singapore-based start-up company behind TADA.

This brings the total of MVL’s total Series A sum to just under US$10 million (S$14.2 million). The funds will be used to continue MVL’s expansion within its existing markets, develop the mobility ecosystem built on MVL’s blockchain protocol, and capitalise on the growth of TADA.

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