FinTech
OCBC partners J&T to offer “last mile” delivery for over 1500 couriers in Malaysia
OCBC Bank (Malaysia) Berhad (OCBC Bank) and delivery company J&T Express (Malaysia) Sdn Bhd (J&T) are collaborating to make “last mile” delivery safer and more convenient for over 1,500 couriers in Malaysia through the use of the bank’s digital collection solution OCBC OneCollect.
Singapore’s Panthera Growth leads $45M Series D fund raise by Innoviti
Innoviti Payment Solutions Pvt Ltd, India-based collaborative commerce platform said Friday that it has raised a $45 million combination Series D fund led by Singapore-based growth equity firm Panthera Growth Partners (PGP). PGP has invested $15 million in the company from its recently announced Fund II, along with new investors including Alumni Ventures,…
Singapore’s YouTrip launches in-app travel insurance
Singapore's neobank YouTrip announced Monday that it has launched a new travel insurance product on its multi-currency app for all local users. Rolled out in conjunction with online insurance provider, HL Assurance (HLAS), travellers can now purchase a single-trip policy directly and conveniently on the YouTrip app, and enjoy up to 65 percent in savings on…
Indonesia’s Mapan secures $15M Series A funding co-led by Patamar Capital and PT Astra Digital Internasional
Mapan, an Indonesia-based FinTech startup, announced Tuesday it has closed a successful Series A round of $15 million co-led by Patamar Capital and PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra). The round also saw participation from Indonesian giants BRI Ventures, SMDV, Blibli, Prasetia Dwidharma, and global venture…
Unlimint powers direct in-app purchases for Telegram
With the integration, Unlimint’s clients will be able to use the fintech’s solution straight from the messenger as well as their website or app, creating a seamless experience for end-users.
Franklin Templeton launches first Asian FinTech incubator in Singapore
Franklin Templeton, one of the world’s largest independent asset managers, on Tuesday officially opened its first Asian FinTech incubator in the heart of Singapore. The new Franklin Templeton Singapore FinTech Incubator is a joint incubation program for early-stage FinTech startups in partnership with F10 Global Innovation Network Singapore Pte. Ltd.……
Funding Societies acquires CardUp to drive payments expansion
Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, announced Wednesday that it is acquiring regional payments solution CardUp, for an undisclosed amount. CardUp's payment services will complement its lending products, to offer a unified financial experience for small and medium-sized enterprises (SMEs)…
India’s Progcap raises $40M from Creation Investments, Tiger Global and Google
Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India, said Tuesday it has raised $40 million in private equity capital at $600 million valuation as part of its Series C extension, taking the total Series C round to $70 million. The funding was led by Creation Investments and Tiger Global Management, with…
2C2P and Ikano Retail extend online localized payments for IKEA in Singapore, Malaysia, Philippines, Thailand
Global payments platform 2C2P announced on Tuesday that they had been appointed by IKEA franchisee Ikano Retail as its official payments partner to create a seamless and localised online payment experience for IKEA customers in Singapore, Malaysia, the Philippines, and Thailand.
