Following the successful launch of WeLab Bank in Hong Kong, WeLab, a major pan-Asian fintech platform, announced the acquisition of PT Bank Jasa Jakarta (BJJ), an Indonesian commercial bank, with intentions to build its second digital bank in Asia. WeLab, based in Hong Kong, has gathered a big number of existing and new investors, with ... Read more ›
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Most people are constantly on the lookout for increasing their income or growing wealth. This is why many of us look into buying stock, saving more money, and investing in any way that we can. However, there is one investment vehicle that most of us do not think to take advantage of, and this is ... Read more ›
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Fintech company Xen Capital revealed today that it has raised $7.5 million in the latest Series A round. The funding series was led by Headline Asia, formerly Infinity Ventures. This recent capital injection is set to scale the company’s B2B2C alternative investment platform. The new round will also enable the company to make its white-label ... Read more ›
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Taiwan-based social commerce platform LinkBy revealed today that it raised $1.54 million in an oversubscribed Series Pre-A funding round. The round was led by global venture capital firm Hive Ventures. The other investors who participated ranged from institutional/corporate investors which include Artesian Capital and Animoca Brands to private investors like Michelle Ho (Board Chairman of ... Read more ›
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When most of us think of the world of Venture Capital, our minds tend to go to the large VC firms that put millions of dollars into startups and hopefully make this amount back several times over for their investors. For decades, Venture Capital has served as a way for the wealthy to make even ... Read more ›
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South Korean IT service provider startup network digital signage (NDS) was the show stealer at GITEX, the Middle East region’s largest information technology show held at the Dubai World Trade Centre (DWTC). The 41st edition of the show was held from October 17-21, 2021, featuring the world’s leading IT companies displaying the latest products and ... Read more ›
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Malaysian cloud application platform Food Market Hub (FMH) announced that it has raised $8.5 million in its extended Series A+ funding round. The round, which will finance its further expansion and expedite growth, was led by Southeast Asia-focused venture capital firm AC Ventures Malaysia (backed by Malaysia’s Penjana Kapital fund). It also saw participation from ... Read more ›
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Tigerhall, a Singapore-based mobile SaaS platform for social learning, announced raising $7 million in its latest financing round. The round was led by Monk’s Hill Ventures and followed a $3.1 million investment last April 2020 from Sequoia Capital’s Surge, Taurus Ventures, and XA Network. The new capital injection will help the Singapore-based company to expand ... Read more ›
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Singaporean VC firm Play Ventures has raised a total of $75 million for a new fund that seeks to support metaverse entrepreneurs. The company, which is focused on funding gaming startups, has now raised its total assets under management to over $300 million. Named Play Future Fund, the new vehicle, seeks to invest in a ... Read more ›
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Filipino consumers do not mind buying secondhand goods online, a recent report reveals. According to the inaugural Carousell Recommerce Index (2021 report), the Philippines is the most receptive market for secondhand goods in the Greater Southeast Asian region. What are the reasons behind this? At least 74% of Filipino consumers prefer purchasing second-hand items due ... Read more ›
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Quantum-secure communication systems SpeQtral successfully raised $8.3 million in funding. Xora Innovation, an early-stage deep science investment platform of Temasek, led the financing round, as announced by the company today. This latest capital injection will allow SpeQtral to strengthen its position as a quantum-secure communications company. The funds will be used to expand the company’s ... Read more ›
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Singaporean neobank YouTrip announced today that it has raised $30 million in its Series A funding round. This round was backed by returning investors from major Asian family offices and prominent financial technology investors. According to YouTrip, this will solidify its position as the leading neobank in Southeast Asia offering B2B and B2C multi-currency payments. ... Read more ›
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Grab has led the Series C funding round in Bareksa, the Indonesian integrated digital investment platform, according to reports. Financial details of the funding round were not disclosed. Bareksa said Grab’s investment will help the Indonesian platform gain access to its users and partners. In turn, this will offer Grab mutual fund investment opportunities with ... Read more ›
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Global technology public policy firm Access Partnership announced its integration with Singapore-based strategy and economics consultancy AlphaBeta. The combination of both companies creates a unified service offering to develop and implement tech-lead solutions that improve society. Both companies have already collaborated on high-impact work for non-profits, think tanks and corporates, and the combined entity. This ... Read more ›
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Desty, an Indonesia-based E-Commerce solution platform startup, announced that it has secured $5 million of extended pre-series A round led by East Ventures (Growth fund) with participation from Jungle Ventures and returning investors Fosun RZ and January Capital. This fresh capital will strengthen Desty’s balance sheet after the company raised US$ 3.2 million of pre-series ... Read more ›
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Indonesia based FinTech firm Pintek (PT Pinduit Teknologi) that focuses on the education sector has raised US$7 million in its Series A funding round led by Kaizenvest and Heritas Capital. Existing and new investors including Global Founder Capital, Finch Capital, Strive, Fox Ventures, and Action Venture Lab along with Earlsfield Capital and Blue7 also participated ... Read more ›
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Singapore-headquartered solar energy developer SUN Energy has recently raised US$25 million in its Series A funding round led by Indonesia’s TBS Energy Utama, through its subsidiary PT Toba Bora Energi, and the holding company of mining contractor BUMA, PT Delta Dunia Markmur. The fresh funding has given a boost to the firm’s plan to build ... Read more ›
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India-based parking solutions platform Park+ has recently raised US$25 million in a Series B funding round that was co-led by Matrix Partners India, Sequoia Capital India, and Epiq Capital. The round was joined by new and existing investors including Fund II, Motherson Lease Solutions, and AdvantEdge. With this round, Park+ values about US$160 million. The ... Read more ›
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Singapore’s technology-driven media company Hepmil Media Group announced that it raised $10 million in its latest Series A funding round. This is the first fund raised by the Group from institutional investors since its founding in 2015. The latest funding round was led by Quest Ventures, Pavilion Capital, and Bent Pixels. Hepmil Media Group will ... Read more ›
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Indonesian-based stock trading platform and community Stockbit gets a nod from the Financial Services Authority (OJK) to acquire local securities company Mahakarya Artha Sekuritas. Details of the deal value, however, were not disclosed. This acquisition will now enable Mahakarya’s users to open stock accounts and trade in the Indonesian Stock Exchange via the Stockbit app, ... Read more ›
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Most popular sources
Business Insider
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22% 2 |
Tom's Hardware
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13% 7 |
Android Authority
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8% 4 |
Gizmodo
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8% 6 |
Slashdot
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7% 6 |
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19.12.2025 12:01
Last update: 11:55 EDT.
News rating updated: 18:51.
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