Author: TechNode Global Staff

NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health

EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced Tuesday that they have entered into a definitive business combination agreement that will result in EUDA Health Limited becoming a publicly listed company

FOMO Pay unveils first cryptocurrency payment solution for retailers in Singapore

Singapore-based FinTech firm FOMO Pay said Wednesday it has rolled out a new cryptocurrency (crypto) payment solution for retailers in Singapore, which allowed them to accept digital payment tokens (DPT). The new payment method targetted at retailers is the first such to be developed by a DPT licensee in Singapore.

Indonesian digital lender JULO secures $80M from Credit Saison

JULO, an Indonesia-based FinTech firm, said Wednesday it has secured $80 million funding from Credit Saison, a Japanese financial services company affiliated to Mizuho Financial Group. This funding includes a mix of $30 million equity and $50 million debt fully funded by Credit Saison.

Singapore co-living firm Hmlet merges with European player Habyt

Hmlet,a Singapore-based flexible living company, said Tuesday it is merging with Habyt, a European co-living player, to create a global company catering to the fast-growing flexible living sector. The combined group will have a presence in 10 countries and 20 cities.

SoftBank leads US intelligent workforce platform Observe.AI $125M Series C funding

SoftBank Vision Fund 2 has led the $125 milllion Series C funding in Observe.AI, an United State-based intelligent workforce platform that transforms contact centers through artificial intelligence (AI). The round also saw the participation from Zoom Video Communications, Inc, Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures, NGP Capital,…

Funding Societies partners Dedoco to offer digital signing service

Funding Societies, Southeast Asia’s largest small and medium enterprise (SME) digital financing platform, announced Wednesday that it has partnered Dedoco, a Singapore-based decentralized digital document and workflow management platform, to become one of the first FinTech platforms to enable micro, small and medium enterprise (MSME) customers in Singapore…

Quest Ventures and raiSE launch accelerator for socially impactful enterprises

Quest Ventures and the Singapore Centre for Social Enterprise (raiSE) said Tuesday they have launched Asia’s first venture capital-backed accelerator programme to provide financial and non-financial support to seed-stage start-ups in the sustainable impact sector, aimed at improving competencies and providing access to regional and global markets.

Philippines’ Voyager Innovations raises $210M at a valuation of $1.4 billion

Voyager Innovations (Voyager), a technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, said Monday it has raised $210 million in new funds, propelling its valuation to unicorn plus status at nearly $1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG.…

Hong Kong’s Animoca Brands acquires French racing game developer Eden Games

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…

Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin

TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…