J. Angelo Racoma

The startup program targets pre-Seed and Seed-stage startups. It provides mentorship, investments, as well as a full technical or non-technical team to partner startups. These can be small founding teams or founders with an MVP or prototype. The co-foundery model can also be applied to startups that are already on their way to traction.

With this acquisition, Sea, which is regarded as Southeast Asia’s most valuable company, strengthens its foothold in the FinTech sector. The company is inching closer towards its goal of becoming the financial technology leader in the ASEAN region.

This collaboration expands the company’s chain support ecosystem as it takes another significant step towards its Mainnet launch. The partnership is set to give rise to a suite of developer tools and services that allow Crypto.com chain partners to develop high-quality apps.

M-Service, the company responsible for operating Vietnam’s most popular e-wallet service MoMo, has secured at least $100 million in a Series D funding round. This is the most recent new capital infusion for the company since it closed its Series C in 2019.

Sid Sijbrandij, Co-Founder and Chief Executive Officer of GitLab, has reportedly established a $100 million venture fund in 2020 called OpenBook Ventures, which looks to invest in companies and innovations in Asia and other global markets, according to DealStreet Asia.