FinTech

India’s Indifi Technologies raises $46M in Series D equity and debt funding

Indifi Technologies has raised a total of Rs 340 crores ($46) million in Series D equity and debt funding. CX Partners and OP Finnfund Global Impact Fund I (the first Finnish global emerging markets impact fund) along with existing investors CDC Group (the UK’s development finance institution), Omidyar Network, Flourish Ventures, Elevar Equity and Accel,…

Funding Societies launches green loans product, releases regional impact study

Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.

Grab to list in US by early December – report

Altimeter Growth Corp will hold the EGM on Nov 30 to seek shareholder approval for the merger.

Vietnam fintech startup GIMO bags $1.9M in Seed+ round led by Integra Partners

GIMO has successfully raised $1.9 million in a Seed+ round led by Singapore’s Integra Partners. The round also saw participation from Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout. With the fresh funding, the company plans to allocate more resources for hiring senior engineers, strengthening risk management competencies, and integrating…

ORIGIN Innovation Awards 2021: Announcing the Startup Finalists – AI, E-commerce, FinTech & RegTech

We are thrilled to announce the finalists of the Startup Finalists - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes first private credit fund, lowers minimum from $5M to $20K

ADDX has enabled rare fractional access to a private credit fund with more than $1 billion in committed capital, reducing the fund’s minimum investment size for individual accredited investors from $5 million to $20,000.

Singapore BNPL firm Pace raises $40M Series A funding from UOB Venture Management, Marubeni Ventures, AppWorks & others

Following this investment round, Pace is now the fastest-growing multi-territory BNPL player from Singapore. The new funding will go towards expanding technology, operations, and business development, to hit a Gross Merchandise Value run rate of $1 billion in 2022 and grow its user base by 25 times over the next 12 months.

UK digital payment firm raises $10M led by Inference Partners to expand to Europe and Asia

Pomelo Pay has raised $10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global markets including Europe and Asia, starting with plans to double their workforce in London, Singapore, Vietnam, Thailand, and the Philippines.

Australia’s Airwallex raises additional $100M in Series E1 led by Lone Pine Capital, valuation reaches $5.5B

The funding comes just a month after Airwallex announced an oversubscribed Series E round as the company looks to accelerate its global expansion plans. This latest round takes Airwallex’s total Series E fundraising to $300 million, with $802 million raised in total.

Singapore fintech startup Sleek raises $14M in Series A funding led by White Star Capital and Jungle Ventures

Sleek has raised $14M in Series A funding led by White Star Capital and Jungle Ventures, bringing the total capital raised by the company to $24 million. The company will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter new ones.