News

Indonesia SaaS firm Majoo raises $4M in pre-Series A led by AC Ventures to accelerate instant store development for MSMEs

With its new funding, Majoo will accelerate its instant online store's product development and market penetration for MSMEs.

Global streaming platform Viki founders launch TheVentures Singapore, a venture builder for startups across Southeast Asia

TVSG is focused on early-stage, high-growth tech businesses in Southeast Asia. It will seek opportunities in domains including e-commerce, community, FinTech, online to offline, biotech, healthcare, FoodTech, and sustainability.

India FinTech SaaS firm Clear raises $75M Series C to accelerate B2B and international expansion

The funds will be used to accelerate Clear’s expansion into Business to Business (B2B) credit and payments plus expansion into international markets.

Hong Kong’s XanPool secures $27M funding round led by Valar Ventures to consolidate APAC presence and expand service offerings

XanPool software allows anyone to seamlessly enable Crypto to Fiat on- or offboarding, instantly executing and settling transactions without taking custody of customer funds. Its unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing…

Singapore HealthTech HeartVoice acquires Integrated Wellness Clinic to combine tech capabilities with medical expertise

Through this acquisition, HeartVoice strengthens its team with the addition of a medical arm consisting of family physicians, qualified nurses, and sophisticated patient service officers.

Stripe to buy India-based payments reconciliation software provider Recko

Stripe has entered into an agreement to acquire Recko to help its internet businesses automate payments reconciliation.

Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai

Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…

Cryptocurrency exchange platform FTX Trading closes $420M Series B-1 funding round, now valued at $25B

FTX Trading Ltd. announced the closing of a $420.69 million Series B-1 fundraise, increasing the valuation of the company to $25 billion.

Singapore EdTech Doyobi raises $2.8M pre-Series A led by Monk’s Hill Ventures

Doyobi has closed a $2.8 million pre-series A round led by Monk’s Hill Ventures, to upskill teachers And bring STEM to schools in Asia and the Middle East.

Grab expands merchant services for SMEs across Southeast Asia

This is in line with Grab Financial Group’s move to be more merchant-centric in its offerings and support its merchants’ business growth across the region.