Ryan Lee

Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants

Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.

Korea’s CNAI raises $4.1M from Centauri Fund and IMM Investment

Korea-based artificial intelligence (AI) enablement company CNAI announced on Monday that it has raised a $4.1 million pre-series A funding round co-led by Centauri Fund and IMM Investment.

Gozem and IFC partner to empower 6,000 Moto-Taxi drivers in Togo and Benin

Gozem and IFC join forces to co-develop a $10 million project that will enable Moto-Taxi drivers in Togo and Benin to access affordable vehicle financing to purchase or rent bikes with the ultimate goal of increasing their take-home income. The project will also validate that electric bikes are a suitable replacement for the current petrol bikes and that…

Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.

In the Post-Covid world, pen and paper and the great resignation emerge as key hurdles for SMEs to ramp up their operations

With the reopening of borders and sectors across Southeast Asia, retail food and beverage (F&B) is ramping up again. However, many small and medium enterprises (SMEs) looking to ride this wave of pent-up demand find themselves bogged down with familiar foes: pen and paper.

Culinary startup Mangkokku raises $7M Series A funding from Alpha JWC Ventures & EMTEK

Indonesia-based culinary startup Mangkokku announced today its recently closed Series A funding of $7 million co-led by Alpha JWC Ventures and EMTEK, with participation from Cakra Ventures.

Request Finance raises $5.5M from Animoca Brands, Balderton, XAnge and Web3 Founders to simplify enterprise Crypto payments

Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe early-stage venture capital investor Balderton Capital, and XAnge.

ADDX is first Singapore financial institution to recognize crypto assets of accredited investors

Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.

Singapore’s Cake DeFi pays a record $317M in rewards to customers

Cake DeFi, Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company announced that it has paid out over $317 million in rewards as of end Q1 2022 while continuing to see robust business growth of an average of almost 90 percent quarter-on-quarter since 2019.

Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea

In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing of a four-party Memorandum of Understanding (MoU) with Megazone Cloud, Korea Mobile Game Association (KMGA) and Yeonsung University. The agreement aims to nurture cloud-based…