Ryde secures new round of funding, names new chairman

The money will be used to expand its operations, roll out new features, enhance its payment features and increase the technical expertise of its team, Ryde said on Jan 28, 2019.
The money will be used to expand its operations, roll out new features, enhance its payment features and increase the technical expertise of its team, Ryde said on Jan 28, 2019. PHOTO: ST FILE

SINGAPORE - Local transportation start-up Ryde has secured an undisclosed sum of investment from investment firm Nomad X and appointed the firm's director as its chairman.

The money will be used to expand its operations, roll out new features, enhance its payment features and increase the technical expertise of its team, Ryde said on Monday (Jan 28).

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