Yimie Yong

Singapore financing startup Jenfi raises $6.3M Series A led by Monk’s Hill Ventures

The Series A funding will be used for product development, customer acquisition, and expansion in Southeast Asia.

Sunway iLabs announces top 5 startups for its 2021 Super Accelerator program

In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway’s global network of partners, industry experts, mentors and investors.

GIC-backed VNG mulls $3 billion SPAC listing – report

VNG’s potential listing plan also came as more Southeast Asian tech firms were planning US listings through mergers with blank-check companies.

Challenges and opportunities as Buy Now, Pay Later shopping gains traction in Malaysia

The ongoing pandemic has helped to accelerate the uptake of BNPL as commerce increasingly moves online and consumers look for alternatives to better manage their finances.

500 Startups rebrands Southeast Asia fund to 500 Southeast Asia

It remains dedicated to seed-stage investing, cutting checks of up to $500,000, but is now open to larger follow-on checks of up to $5 million, as well as potential investments through special-purpose vehicles, such the $21.2 million vehicle it previously executed for Carousell.

Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.

Singapore’s Real Estate Doc collaborates with Huttons Asia to digitalize real estate processes & transactions

Under their digital road map, this collaboration will encompass several pillars, which include digitalizing real estate workflows and transactions.

AirAsia’s BigPay raises up to $100M in financing from South Korea’s SK Group

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.

Microsoft, Ant-backed Bukalapak share price jumps 25% on trading debut

Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.

PropertyGuru completes acquisition of iProperty Malaysia, thinkofliving

iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.