Global streaming platform Viki founders launch TheVentures Singapore, a venture builder for startups across Southeast Asia
TVSG is focused on early-stage, high-growth tech businesses in Southeast Asia. It will seek opportunities in domains including e-commerce, community, FinTech, online to offline,…
Emerging Vision to grow further in India & US as online ‘fortune-telling’ services soar amid pandemic
The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.
India FinTech SaaS firm Clear raises $75M Series C to accelerate B2B and international expansion
The funds will be used to accelerate Clear’s expansion into Business to Business (B2B) credit and payments plus expansion into international markets.
Hong Kong’s XanPool secures $27M funding round led by Valar Ventures to consolidate APAC presence and expand service offerings
XanPool software allows anyone to seamlessly enable Crypto to Fiat on- or offboarding, instantly executing and settling transactions without taking custody of customer funds. Its…
Singapore HealthTech HeartVoice acquires Integrated Wellness Clinic to combine tech capabilities with medical expertise
Through this acquisition, HeartVoice strengthens its team with the addition of a medical arm consisting of family physicians, qualified nurses, and sophisticated patient service…
Stripe to buy India-based payments reconciliation software provider Recko
Stripe has entered into an agreement to acquire Recko to help its internet businesses automate payments reconciliation.
Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai
Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and…
The future of banking: Immersive banking – the holy grail (part 3 of 3)
In this new paradigm, key services such as deposit-taking service, asset-custodian, insurance, lending services, risk management, and the offer of securities, etc. will be…
Cryptocurrency exchange platform FTX Trading closes $420M Series B-1 funding round, now valued at $25B
FTX Trading Ltd. announced the closing of a $420.69 million Series B-1 fundraise, increasing the valuation of the company to $25 billion.
Singapore EdTech Doyobi raises $2.8M pre-Series A led by Monk’s Hill Ventures
Doyobi has closed a $2.8 million pre-series A round led by Monk’s Hill Ventures, to upskill teachers And bring STEM to schools in Asia and the Middle East.
Grab expands merchant services for SMEs across Southeast Asia
This is in line with Grab Financial Group’s move to be more merchant-centric in its offerings and support its merchants’ business growth across the region.
Pakistan logistics startup Rider raises $2.3M Seed round led by Global Founders Capital, Fatima Gobi Ventures and ADB Ventures
The fund will be used to grow its logistics and e-commerce markets, expand its network, and integrate its proven last-mile service into other key parts of the value chain.
Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Sequoia China, Dragonfly Capital, others
Animoca Brands has closed a capital raise for $65 million conducted at a pre-money valuation of $2.2 billion.
Malaysia to roll out digital ID in 2024
The digital ID will use the latest biometric technology such as fingerprints, facial or iris recognition.
