TechNode Global Staff
News,FinTech,Singapore,Malaysia,InsurTech
Singapore insurtech Igloo extends footprint in Malaysia with Pine Labs partnership
Igloo has partnered with Pine Labs to extend of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under the IglooCare Program.
December 16, 2021
News,Investments,Singapore,Venture Capital
Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M
1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15 million, is looking to invest in a total of 30 start-ups primarily in the fintech sector across Southeast Asia. Its first fund has been backed by US fintech unicorn Carta, Asia’s…
December 16, 2021
India payment technology platform Juspay raises $60M in Series C funding led by SoftBank
Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.
December 16, 2021
News,Indonesia,Blockchain / Crypto
Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia
Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange. Binance will provide world-class asset management infrastructure and technology to support the development of the new exchange platform.
December 16, 2021
Malaysia fintech and e-wallet provider MyMy set for beta testing and reveals Malaysian-inspired product innovations
MyMy has released its wave of leading-edge card and app features as it gears up for targeted beta testing this January, 2022. Backed by demands from in-depth market studies, MyMy’s frontline offerings include a numberless prepaid card that enhances the security of physical payment transactions. As for online transactions, it introduces a seamless biometric…
December 15, 2021
News,Mergers and Acquisitions,Asia,Metaverse
Nike acquires C Ventures-backed virtual sneaker maker RTFKT
NIKE, Inc. has acquired RTFKT, a C Ventures-backed brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming. This acquisition is another step that accelerates Nike’s digital transformation and allows the group to serve athletes and creators at the intersection of sport, creativity, gaming and…
December 15, 2021
News,Investments,Asia,Venture Capital
Hong Kong venture accelerator Brinc closes $130M funding led by Animoca Brands
Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate partners to leverage funds, accelerators and bespoke-deal…
December 15, 2021
Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years
Amazon Web Services (AWS) has announced the launch of the AWS Asia Pacific (Jakarta) Region. It is planning to invest an estimated $5 billion in Indonesia over the next 15 years through the new AWS Asia Pacific (Jakarta) Region, which includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and…
December 14, 2021
News,Investments,Asia,Transportation
Zoomcar launches operations in the Philippines, plans to invest $25 million over next 12 months
Zoomcar announced its launch of operations in the Philippines. The company plans to invest $25 million across the Philippines in the next 12 months to fuel its expansion in the country. In its recent push into the Southeast Asia region, the company appointed Gene Angelo Ferrer as its country head in the Philippines to help scale their business. The company…
December 14, 2021
News,Investments,Indonesia,FoodTech
Indonesia’s Lemonilo raises $36M Series C funding from Sofina and Sequoia Capital India
Lemonilo, an Indonesian healthy lifestyle consumer goods company, has raised a US$36 million Series C funding led by Sofina. Sequoia Capital India, Lemonilo’s current investor, also participated in the round. Through this funding, Lemonilo plans to strengthen its current business and expand to international markets, the company said in a statement.
December 14, 2021