Day: July 30, 2021
SME lending FinTech Validus reports breaching the billion-dollar (SGD) lending mark
The platform connects growing SMEs to accredited and institutional investors for fast, secure, collateral-free financing. Its differentiator lies in its strong origination channels, which involve partnership-led strategy and bank channels. It counts large corporations and government-linked companies such as ST Engineering, YTL PowerSeraya, and Siemens as…
Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms
Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.
FinTech democratizes access to investments as capital shifts toward private markets, says Oi Yee Choo of ADDX [Q&A]
The shift toward private capital is driving innovation in many ways – in technology, in business processes, and in the way the markets are regulated. The rise of platforms like ADDX that expand access to private investments such as VC funds, pre-IPO equity, hedge funds, wholesale bonds, and private real estate, is an example of that innovation.
Animoca Brands acquires indie game developer Blowfish Studios
The current management of Blowfish will continue to operate the company after the acquisition.
Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures
The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.
