Arthur Mak is a co-founder of YouTrip. He started the company in Singapore in 2017 with Caecilia Chu, who runs it as chief executive.
YouTrip is a multi-currency wallet, card and app. It converts money at near-interbank rates with low fees, which went after the cross-border charges and opaque exchange rates that travellers faced. The app launched in 2018 and gained 20,000 users within 48 hours.
In 2022 YouTrip posted its first net profit and launched YouBiz for business customers. In 2023 it raised a $50 million Series B round. Profit continued in 2024.
By 2025 the team had about 250 people, and the platform handled about $10 billion in transactions a year. Lightspeed and Insignia Ventures Partners are among its investors.