Latest news and trends about tech
Indonesia SaaS firm Majoo raises $4M in pre-Series A led by AC Ventures to accelerate instant store development for MSMEs
With its new funding, Majoo will accelerate its instant online store's product development and market penetration for MSMEs.
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, biotech, healthcare, FoodTech, and sustainability.
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 unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing…
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 officers.
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 conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…
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 redistributed between different tech layers and service providers. New capabilities, such as smart contract audit or underwriting (for non-crypto assets) could also be created along the…
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.
