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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…
Malaysia’s Naluri secures $7M pre-series B funding round led by Pruksa Group
Malaysian digital health service provider Naluri Pte Ltd (Naluri) announced Tuesday it has secured a $7 million pre-series B funding round led by Pruksa Group, Thailand’s leading real estate development group. The round is joined by Bertelsmann Investments from Germany and Striders Corporation from Japan and is supported by several returning investors,…
Hong Kong’s Babel Finance raises $80M Series B funding, valuation hits $2B
Babel Finance, a Hong Kong-based crypto financial service provider that provides digital asset loans, said Tuesday it has raised $80 million in a Series B funding round, and the investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann,…
Singapore’s mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding
This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.
India’s ShareChat closes $520M round at $5 billion valuation
ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total of $520 million and reached $5 billion in valuation.
Indonesia’s Desty bags funding in Square Peg led round
Desty, an Indonesia-based startup building a full stack e-commerce solution for merchants, announced Thursday it has raised a new round of funding led by Square Peg. This is in addition to funds raised from a Pan Asia investor base last year, including East Ventures, Jungle Ventures and 5Y Capital and other prominent angel investors in the region.
United States Mythical Games partners South Korea’s Kakao for APAC expansion
United States-based next-generation blockchain gaming studio Mythical Games announced Thursday a partnership with Kakao Games, South Korea’s leading publisher of online and mobile games. Moving forward, Mythical will integrate and support the BORANETWORK – an affiliate of Kakao Games and its proprietary blockchain and layer 2 ecosystem – as both entities…
Malaysia’s Capital A mulls US listing
Capital A Bhd, which owns Malaysia's budget airline AirAsia, said Thursday listing in the United States market would be attractive given the liquidity and the diverse investor reach that it can provide.
Singtel partners Hyundai Motor Group to develop advanced manufacturing facility of the future with 5G
The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.
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.
