Singapore FinTech firm M-DAQ acquires payment firm Wallex to expand its cross-border ecosystem

M-DAQ has entered into a definitive agreement to acquire Wallex. The acquisition is the first of a series for M-DAQ, as it embarks on a global growth plan to capture market…

Singapore “Create2Earn” metaverse Chillchat closes $1.85M seed equity funding round led by Solana Ventures

Chillchat has raised $1.85 million in seed equity funding led by Solana Ventures. Bringing Chillchat’s equity valuation to US$10 million, the seed equity round included…

Finding a niche in the Philippines’ Iron Triangle

In this third part, we explore how much Covid-accelerated digitization boosted the country’s ‘Iron Triangle’ – e-commerce, logistics, and fintech – startups, and how the startup…

Hong Kong FinTech startup StockViva bags $3M Series A funding, bringing total raise to $5M

StockViva has raised more than $3 million in a round of Series A funding by renowned investors, including Farquhar VC from Singapore, Kharis Capital from Luxembourg, and Hong Huan…

Philippine payments platform PayMongo raises $31M in Series B funding

PayMongo has secured $31 million in Series B funding to scale its operations. Participating in the round are Justin Mateen’s JAM Fund, Philippine VC firms ICCP-SBI Venture…

Thailand’s PRIMO receives Pre-Series A funding from Fuchsia VC and Beacon VC

Primo World Company Limited (PRIMO) has received Pre-Series A funding from Fuchsia Venture Capital Company Limited (Fuchsia VC) and Beacon Venture Capital Company Limited (Beacon…

Hong Kong edtech firm OnMyGrad lines up a pre-seed round by 500 Global to supercharge campus recruitment in Southeast Asia

OnMyGrad, a Hong Kong-based talent solution SaaS platform for campus recruitment and talent onboarding, has closed a pre-seed funding from 500 Global.

Indian social e-commerce start-up DealShare gets $45M funding from ADIA in an extension of its Series E round

DealShare has raised another $45 million as part of its series E funding round from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) which takes the…

Australian human resource platform Employment Hero closes $130M funding round, buys KeyPay

Employment Hero has closed a $130 million funding round led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders. The…

Singapore VC firm True Global Ventures invests $8.3M into US healthcare blockchain firm Chronicled

Singapore venture capital firm True Global Ventures (TGV) has invested $8.3 million into United States-based healthcare technology firm Chronicled via its a blockchain-focused…

New Zealand AI firm Soul Machines raises $70M Series B1 led by Softbank

Soul Machines has raised $70 million Series B1 financing led by new investor SoftBank Vision Fund 2. Additional participation in this round comes from new investors Cleveland…

Taiwan online tutoring innovator AmazingTalker secures $15.5M Series A funding

AmazingTalker has received $15.5 million in Series A funding led by CDIB Capital, with participation from JAFCO Asia and from 500 Global. The funding will power international…

Malaysia’s drone tech hub ambition: Opportunities & Challenges [Part 1]

In this first part, we briefly look into the opportunities awaiting Malaysia drone tech startups.

Animoca Brands acquires indie game developer Grease Monkey Games

Animoca Brands has acquired Australia-based indie game developer Grease Monkey Games. With extensive experience in motorsports games development and established industry…