FinTech
Singapore’s ShopBack raises $80M Series F investment led by Asia Partners
ShopBack, a Singapore-based shopping and rewards platform, announced Friday that it has raised $80 million of new capital in a funding round led by Asia Partners. The raise is to support the group’s vision to build the leading shopping and rewards platform across the Asia Pacific region, ShopBack said in a statement. Existing investor January Capital also…
ADDX partners China Construction Bank on $200M allocation under China’s offshore investment scheme
Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for…
Singapore’s Helicap raises $5M from Tikehau Capital and PhillipCapital
Helicap, a Singapore-based FinTech platform, said Wednesday it has raised $5 million in a strategic funding round from two global asset management powerhouses. The round was led by Temasek-backed international alternative asset management group Tikehau Capital, and integrated Asian financial house PhillipCapital, each with over $35 billion in Assets Under…
Vietnam’s Finhay raises $25M Series B co-led by Openspace Ventures and VIG
Finhay, Vietnam-based digital investment platform, said Wednesday it has secured a $25 million Series B round co-led by Openspace Ventures and VIG, along with Insignia, TVS, Headline, TNBAura and IVC.
Bigpay launches cash pickup services in Indonesia and the Philippines to drive convenient remittances
BigPay, a Southeast Asian fintech company, announced on Tuesday the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. Cash Pickup is a delivery method through which BigPay users can transfer money to another recipient without a bank account, allowing the recipient to collect the…
Airasia Super App launches closed-loop e-wallet platform
The airasia Super App announced Friday a brand new feature, the airasia pocket which is a closed-loop electronic wallet (e-wallet) within the super app that enables users to reload and make payments for all the products and services on the app while being rewarded at the same time.
Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows
With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.
Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants
Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
Singapore alternative funding startup Jenfi launches in Indonesia
Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.
