About 2W
2W is a venture capital firm founded in 2013. It is primarily based out of Bangkok, Thailand. As of Nov 2016, 2W has invested in 2 companies. It primarily invests in Series A round in Indonesia based startups. Its investments are spread across FinTech and Retail sectors. Most recently it participated in the $***** Series A round of IFortepay Overall, 2W portfolio has seen 1 IPO, namely OxPay. A lot of funds co-invest with 2W, with names like tryb sharing a substantial percentage of its portfolio. 2W has team of 1 people including 1 partners.2W's List of All Investments
2W has a portfolio of 2 companies. Their most notable investmentis in IFortepayTheir portfolio spans across Indonesia and Singapore. They have invested in FinTech, Retail, across Post IPO, Series A stages. Here is the list of all investments by 2W:1. IFortepay
Provider of end-to-end payment solutions for businesses. It offers online payment gateway services, enabling businesses to accept payments through various channels. Additional services include payment links for online transactions without website integration, disbursement solutions for efficient fund transfers, and e-meterai & e-sign for secure digital documentation. The company supports diverse local and international payment methods and maintains a robust, secure infrastructure. Compliance with relevant regulations ensures data security and privacy.
Key facts about IFortepay
- Founded Year: 2016
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $3.56M
- Employee Count: 117 as on Aug 31, 2026
- Investors: Perle Ventures, tryb and 1 Other
- Latest Funding Round: Series A, Nov 11, 2016, $*****

2. OxPay
Digital payment solutions for businesses. Provides payment solutions such as card acceptance, alternative payments, POS hardware solutions, automated cross-border payout, and pay sellers, freelancers, content creators, and service providers.
Key facts about OxPay
- Founded Year: 2005
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $8M
- Employee Count: 58 as on Aug 31, 2026
- Investors: Perle Ventures, tryb and 3 Others
- Latest Funding Round: Post IPO, Nov 11, 2016, $*****
- Highlight: Public
2W's Investments by Stage
2W has made 1 investment in Post IPO stage with an average round size of $3.5M and 1 investment in Series A stage with an average round size of $3.56M.2W's Investments by Sector
2W has a diverse portfolio, with companies operating in the FinTech and Retail. Notably, it has invested in 2 Enterprise (B2B) companies and 2 Tech companies.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Retail | 2 |
Note: We have considered here, only first round of investments
2W's Investments by Geography
2W has made most investments in Indonesia (1), followed by Singapore where it has made 1 investment.2W's recent investments
2W has not made any investment in 2026 so far.Here are the most recent investments by 2W:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 11, 2016 | Indonesia | Series A | 8525 | [+1] | |
Nov 11, 2016 | Singapore | Post IPO | 4558 | [+2] |
IPOs and Publicly Listed companies in 2W's Portfolio
1 of 2W's portfolio company became public - OxPay. It got listed on the Singapore stock exchange. ( SGX), in Aug 2008 at marketcap of undefinedHere are 2W's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 22, 2008 | Nov 11, 2016 | Post IPO | 2247 |
Team profile of 2W
2W has a team of 1 member located in Thailand. 2W's team does not sit on the board of any company as of now.Co-investors of 2W
Over the past 10 years, 3 investors have co-invested in 2W's portfolio companies. This includes only funds.
- Top Co-investors of 2W: 3 investors entered a company along with 2W. These include investors like tryb (2 companies).
Recent News related to 2W
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Office of billionaire Thai family Chiaravanont may exit Aura Group in three monthsDeal Street Asia•Mar 05, 2021•Aura Group, 2W
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Thailand's 2W Group leads US$5M investment into MC Payment to finance expansione27•Nov 11, 2016•aurafunds.com.au, Perle Ventures, 2W, tryb and 3 others