Fintonia Group (Fintonia), an entrepreneurial financial services company based in Singapore, announced today that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s fast-growing digital assets ecosystem by operating crypto native services under full regulatory supervision, enabling it to ... Read more ›
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Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, today announced it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to $14.3 million, one of the largest seed funding rounds in Southeast Asia to-date. Launched in May 2022, the ... Read more ›
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Tanaku, an Indonesia-based proptech startup, raised $5.5 million pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current focus on building the product, expanding the team, ... Read more ›
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Singapore-based unicorn tech startup Advance Intelligence Group announced that it has acquired Jewel Paymentech, a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for financial services and payments industry, for an undisclosed amount. According to the announcement, Jewel has an established track record of onboarding businesses and monitoring of fraudulent ... Read more ›
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Venture capital firm Lightspeed announced raising over $7 billion in various funds that will invest in early and growth stage entrepreneurs around the globe. The firm said it has closed Lightspeed Venture Partners XIV-A/B LP (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V LP (Select Fund V) with $2.26 billion, and Lightspeed Opportunity ... Read more ›
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Premium home styling Korean company Interior Co., Ltd. that operates the platform Interior Teacher announced that it has completed a series A investment worth 4.5 billion won ($3.4 million). This investment was led by Hana Ventures and ended in March with the participation of Korea Investment Partners, Naver, Strong Ventures, Hana Financial Investment, BSK Investment, and ... Read more ›
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Singapore-headquartered mental health startup Intellect announced raising an additional $10 million in its Series A extension round anchored by global tech investor Tiger Global. The latest investment brings Intellect’s total Series A funding to $20 million. New investors including K3 Ventures, JAFCO Asia, Singtel Innov8, and PERSOL Holdings also participated in the funding round, along ... Read more ›
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Chinese venture capital firm Qiming Ventures Partners announced the closing of its latest funds totalling $3.2 billion. The funds include USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at RMB4.7 billion ($700 million). As in prior funds, Fund VIII was oversubscribed and reached its hard cap for limited partner ... Read more ›
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Sleek, a tech startup that offers incorporation and accounting services to investors, SMEs, and business owners, said today that the Monetary Authority of Singapore has given it a Major Payment Institution License, which has taken effect last July 1, 2022. Sleek is the first Fintech business in Singapore to get an MPI license and offers ... Read more ›
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541 Ventures – a new LA-based VC firm, announces its launch on July 5, 2022. Founded and led by a founder-turned investor and a former Techstars Managing Director, Eunse Lee, the new Los Angeles-based firm globally invests in early-stage frontier tech companies with at least one Asian founder, operating dual offices in LA and Seoul, ... Read more ›
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Korea Startup Forum (KSF) is calling for startups from all around the world to join COMEUP Stars at COMEUP 2022. COMEUP Stars are promising startups that are bound to lead the global startup ecosystem and are hand-picked annually by professional judges consisting of well-known VCs and founders. Starting this year, KSF has stepped up as ... Read more ›
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Fintech stock trading platform MarketWolf announced raising $10 million in a Series A funding round co-anchored by Jungle Ventures and Dream Capital. Existing investors and others including 9Unicorns, iSeed, Crescent and Riverwalk, also participated in the round, which brings the total capital raised by the company to $17.4 million since inception. MarketWolf intends to use ... Read more ›
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Juragan Material, an Indonesian platform for construction technology, has announced raising $4 million from lead investor Go-Ventures. In this round, Susquehanna International Group (SIG) also took part. With this funding, Juragan Material intends to expand its workforce by making quick hires for crucial positions in product development, engineering, sales, and operations boost market penetration in the ... Read more ›
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Indonesian wealth management startup PINA.ID announced raising $3 million in seed funding round led by AC Ventures, Vibe.VC, and & Y Combinator, with participation from XA Network. Indonesia’s top and most seasoned financial management software’s recent funding round also saw the participation of existing investors including Prasetia Dwidharma and 1982 Ventures taking part. The fresh investment ... Read more ›
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UK-based data and analytics company Ascential has purchased Singapore-based e-commerce omnichannel solutions supplier Intrepid in a deal that could value the company at $250 million. Intrepid received an immediate cash payment of $57 million as part of the acquisition, and deferred considerations will be paid over the next four years, according to the announcement. The ... Read more ›
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GetVantage, a revenue-based finance platform (RBF), has raised $36 million in funding, backed by returning investors Chiratae Ventures and Dream Incubator Japan as well as Varanium Nexgen Fintech Fund and DMI Sparkle Fund. Sony Innovation Fund, InCred Capital, and Haldiram’s Family Office also participated in the funding round, according to the announcement. Bhavik Vasa, founder, ... Read more ›
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VinaCapital Ventures, the technology investment arm of VinaCapital Group with operations in Vietnam, announced that it has acquired a share in M3TA, a Web3 data analytics firm that aims to harness the power of data for the benefit of Web3 enterprises. The investment’s specifics were not made public. Hoang Duc Trung, Partner at VinaCapital Ventures, ... Read more ›
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Fresh Factory, an Indonesian cold chain fulfillment business, announced that it has received $4.5 million in initial funding, led by East Ventures and backed by PT Prasetya Dwidarma, Number Capital, Trihill Capital, Indogen Capital, Saratoga Investama Sedaya TBK, Y Combinator, and angel investors. According to Larry Ridwan, founder, and CEO of Fresh Factory, this fund ... Read more ›
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ShopBack, a shopping and rewards network with its headquarters in Singapore, has raised $$111m ($80m) in a Series F fundraising round, which was headed by Asia Partners and included existing investor January Capital. With this additional fundraising, ShopBack has now raised more than $319.36 million ($230 million) in total. ShopBack intends to use the additional ... Read more ›
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East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures led the $29 million Series B fundraising round for RPG Commerce, Southeast Asia’s leading Direct-To-Consumer (DTC) social e-commerce platform. The money raised will go toward future-proofing RPG’s technology and development processes, as well as building and extending the company’s world-class ... Read more ›
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Tech Wire Asia
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21% 3 |
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8% 5 |
Eurogamer.net
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5% 0 |
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4% 3 |
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28.11.2024 09:41
Last update: 09:36 EDT.
News rating updated: 16:30.
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