Author: TechNode Global Staff

Singapore FinTech firm the Lightnet Group (Lightnet) has secured a $50 million capital commitment from LDA Capital Ltd (LDA) to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology.

Singapore-based FinTech company banco announced Tuesday the successful raise of $6.7 million in Series A funding led by Japan-based leading financial group SBI Group. Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others also joined the round.

Glints, a Singapore=based end-to-end regional talent ecosystem for career development and recruitment, said Tuesday it has raised $50 million in a Series D oversubscribed round co-led by DCM Ventures, Lavender Hill Capital, and returning investor PERSOL Holdings.

Bank Indonesia (BI) and the Bank of Thailand (BoT) announced to move from piloting phase to the implementation phase of cross-border QR payment linkage on Monday. The piloting phase of cross-border QR payment linkage between Indonesia and Thailand, launched on August 17, 2021, has been running successfully. For the implementation phase, 76 payment system…

Singapore-headquartered PropTech start-up Propseller announced Tuesday a $12 million Series A funding led by Vertex Ventures Southeast Asia and India. The round saw participation from existing investors Hustle Fund, Iterative, and Rapzo Capital, and new investors Partech, ICCP SBI, Vulpes Ventures and Redbadge Pacific.

ESB, an Indonesia-based fully-integrated restaurant management software as a service (SaaS) platform, announced Monday its $29 million Series B funding round led by Northstar Group and Alpha JWC Ventures. The round also saw participation from existing investors including BEENEXT, Vulcan Capital and AC Ventures.

Malaysian private equity firm Creador has led a pre-Series A round of $11 million for UnoAsia, operator of Uno Digital Bank, one of only six licensed digital banks in the Philippines.UnoAsia had already raised $33.5 million in pre-seed and seed funding, of which $21 million came from Creador.

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) announced Monday the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort.

Singapore-based private market exchange ADDX has launched a cash management tool that allows investors with excess funds in their wallets to earn interest, instead of letting their cash sit idle. Named ADDX Earn, the solution aims to withstand short-term volatility while preserving capital.

Malaysia-listed energy infrastructure and technology firm Yinson Holdings Berhad (Yinson) has partnered with retailer AEON CO. (M) Bhd (AEON) to provide charging infrastructure across AEON and AEON BiG shopping outlets in Malaysia and introduce e-mobility leasing solutions for Aeon Group’s logistics fleet.