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News,Investments,HealthTech,Singapore
Singapore’s SwipeRx secures $27M Series B funding to accelerate growth across Southeast Asia
SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…
May 24, 2022
News,HealthTech,Digital Transformation,Philippines,Future of Work
Maria Health partners with Deel to provide affordable health coverage to Philippine remote workers
Maria Health, the largest online health insurance marketplace in the Philippines, has partnered with Deel to provide access to affordable health insurance for companies hiring remote workers in the country.
May 23, 2022
News,FinTech,Singapore,eCommerce
Choco Up partners with Shoplazza to transform the financing landscape for DTC e-commerce merchants
Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, today announced its partnership with Shoplazza, a global e-commerce Software as a Service (SaaS) platform. Together, their collaboration will provide quick and accessible business growth funding for…
May 23, 2022
News,SEA,Singapore,FinTech,Transportation
Grab Financial Group launches new brand GrabFin
Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.
May 23, 2022
News,FinTech,Singapore,Investments
Singapore’s Matchmove acquires Shopmatic for $200M
MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and ecommerce powerhouse. The combined company will enable MatchMove to provide its Banking-as-a-Service capabilities to Shopmatic’s ecosystem of over a million e-commerce small and…
May 23, 2022
True Platform raises $3.5M seed round led by January Capital
Vietnam-based business software-as-a-service (SaaS) startup True Platform announced Monday its recently closed $3.5 million Seed funding from January Capital, Alpha JWC Ventures, BEENEXT, FPT Corporation and other angel investors. The funding round was led by January Capital, a venture capital firm in Singapore with a portfolio of 40 startups from pre-seed…
May 23, 2022
Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global
Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its vision to create a high utility Metaverse platform. Backed by venture capital firm 500 Global, the fresh funds will go towards team expansion to serve their waitlist of customers.
May 20, 2022
Singapore’s The Growhub inks 5-year partnership with FIPWA to build Southeast Asia’s food bowl
The Growhub, Singapore-based one-stop farm to table solution for food traceability and data analytics, announced Friday that it has inked a 5-year lease agreement with the Food Innovation Precinct Western Australia (FIPWA), to establish Western Australia's first food innovation centre creating a corridor between the two countries for agri-innovation,…
May 20, 2022
Asia,Mergers and Acquisitions,Metaverse,Blockchain / Crypto
The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth
The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development technology firm experienced in gaming, to boost its Web3 and blockchain innovation and development capabilities. Cualit will become The Sandbox Uruguay, expanding The Sandbox global…
May 20, 2022
Singapore money transfer firm Nium secures license to expand payment services to Malaysia
Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time payments capabilities across the globe. With the addition of Malaysia, it now processes over 75 percent of transactions globally in real-time, and increases its total real-time…
May 20, 2022