News

Eligible users will be able to split purchases over three equal, interest-free installments. Repayments will be automatically drawn every month, with no fees charged for on-time payments. In addition, customers will earn up to 10 percent cashback with every purchase.

Fairbanc's proprietary data science and machine learning platform leverages supply-chain data of FMCG distributor partners which allows financial institutions to assess credit risk and extend working capital to MSMEs with limited credit history and collaterals, according to the disclosure.

Proceeds from the funding will be used to progress Insilico Medicine's current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities, the company added. 

Investible plans to use its second fund to invest in tech startups mostly in Australia. The VC fund has earmarked 30 percent of the fund’s committed capital to be used for global investments, the majority of which they expect to put towards Southeast Asian investments.

IMC Ventures, a newly-launched Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, has announced that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.

BookDoc has signed a Memorandum of Understanding ("MOU") with Childhope Philippines Foundation, Inc. in relation to corporate social responsibility (CSR) programs and promotions.

Since its founding in 2019 by James Roring M.D., Prixa has raised a total of $4.5 million. The startup plans to use the total raised capital to invest in scaling its user base, reinforcing its relationship with business to business clients, and working on more healthcare services.