Author: Yimie Yong

Singapore’s Broctagon Fintech Group launches WorldBook, a global crypto liquidity movement

The WorldBook combines the orderbooks of all connected exchanges to create a unified orderbook that enables multilateral liquidity flow.

Indonesia wealth tech firm Pluang raises $55M round led by Square Peg

With the fresh capital, the company will continue to democratize access for Indonesian retail investors to grow their wealth via its digital savings and investing products.

[Updated] Catcha Group’s Patrick Grove considers SPAC-listing in Singapore

The development came after Singapore unveiled new rules for blank-cheque vehicles.

Carsome

Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia

Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.

Thailand hobby-focused commerce startup Mercular extends Series A fundraise, ropes in Thai retail conglomerate Central Retail

The funding will be deployed to create an all-encompassing community-like shopping experience for the hobbyists.

Indonesia e-commerce firm SIRCLO bags $36M funding from East Ventures, Saratoga, Traveloka

The funding aims to further develop SIRCLO’s technological capabilities and accelerate the retail digitalization for various businesses all across Indonesia.

Singapore’s Neuroglee Therapeutics closes $10M Series A led by Openspace Ventures, EDBI

The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

Sea Group office and logo

Singapore’s Sea aims to raise $6.3B in share & convertible bond sale

The company plans to use the net proceeds from the offerings for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.

Singapore automotive startup Motorist raises $891K seed funding led by JobsCentral co-founder

Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.

Malaysia SPAC AEI CapForce II Investment plans to raise $100M from IPO

At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million.