FinTech
Singapore-based FinTech company CoAssets to shut down its crowdfunding platform
A few days after the news about the company’s financial troubles surfaced, CoAssets, which operates its crowdfunding platform under the name CA Funding Pte Ltd (CAFPL), announced that it was officially shutting down CAFPL. “We regret to inform you that CA Funding Pte Ltd (CAFPL) is in the process of gradually winding down,” a note on CAFPL’s website……
FinTech startup Finantier joins Y Combinator’s Winter 2021 batch, will expand its tech team
Finantier, a Singapore-based startup that specializes in open finance, is set to be part of Y Combinator’s W21 startup accelerator program next year
Singaporean FinTech startup Fraxtor secures over $6.75M in investments to fund 4 major projects
Fraxtor Private Limited, a digital co-investment platform specializing in real estate, has attracted over S$9 million ($6.75 million) in private investments from its community of Accredited Investors (AIs) who are mostly from Singapore and Australia
Philippine digital payment startup SquidPay raises $4.16M in Series A round funding and credit line
SquidPay closed Php 100 Million in Series A and Php 100 Million ($2.08 million each) line of credit arranged by Eastern Securities Development Corporation (ESDC)
Asia Pacific’s Financial Services industry gains resilience through innovation
Microsoft and IDC study finds that Financial Services Industry (FSI) organizations in the Asia Pacific region have become largely resilient amid the pandemic as they reached maturity in adopting innovation.
Xiaomi invests in Southeast Asian insurance startup
PasarPolis has big-name investors in its $54 million round.
This ‘super app’ from Central America is prepping expansion to Southeast Asia
But it’ll steer clear of competing directly with Grab and Gojek. Here's how.
