Asia
Airwallex partners with Choco Up to empower cross-border e-commerce
Airwallex, announced Thursday its partnership with Choco Up to support the future growth of cross-border ecommerce. By combining Airwallex’s proprietary global payments infrastructure with Choco Up’s flexible recurring funding solutions, the partnership enables a comprehensive and integrated finance solution for e-commerce companies across Asia.
HSBC enters the metaverse via partnership with The Sandbox
HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse. The groundbreaking partnership between The Sandbox and HSBC will see the global financial services provider acquire a…
Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding
ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.
Hong Kong’s Hex Trust raises $88M in Series B funding co-led by Animoca Brands and Liberty City Ventures
Hex Trust has closed its Series B funding round of $88 million co-led by Animoca Brands and Liberty City Ventures. Participants in the round included Ripple, Terra, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, Eterna Capital, Sino Global Capital, Topaz, and Adrian Cheng (Chief Executive Officer of Hong Kong real estate group New World…
Malaysia Aviation Group partners with hoolah for travellers in Malaysia, SG, HK to pay for flights over time
Malaysia Aviation Group (MAG) announced Tuesday a regional partnership with hoolah to provide a seamless and convenient payment option for travellers. Through this collaboration, travellers in Malaysia, Singapore and soon Hong Kong, can now book their getaway with MAG’s main airline, Malaysia Airlines online and pay for their flights via hoolah’s flexible…
AWS launches two global accelerator programs to help startups solve challenges in the cloud
Amazon Web Services (AWS) announced Thursday the launch of two global accelerator programs to help startups address some of the world’s most pressing challenges in space and sustainability while building successful, cloud-based businesses.
Hong Kong’s Kicks Crew raises $6M in Series A funding led by Gobi Partners and Pacific Century Group
Kicks Crew announced Wednesday the closing of $6 million in Series A funding led by Gobi Partners and Pacific Century Group. The capital raised will assist in strengthening the company's foothold in the United States market, attract talent across engineering, product, and marketing teams, and introduce a headquarters in Los Angeles.
Japan’s MUFG Bank to invest $300M in Indian startups
MUFG Bank plans to invest $300 million in Indian startups through the new MUFG Ganesha Fund. Through this fund, MUFG Bank will invest in middle- to late-stage Indian startups. In the future, the bank will aim to leverage its group strengths to provide a wide range of financial services to its portfolio companies.
Adrian Cheng’s C Ventures co-led $70M Series B fundraise for UK’s Nothing
Nothing has raised a $70 million Series B fundraise co-led by EQT Ventures and C Ventures. The round also saw the participation from GV, Tony Fadell’s Future Shape, Gaorong Capital and Animoca Brands. The new funding will go towards scaling its product ecosystem and establishing its London Design Hub.
Indian EdTech firm Emeritus secures $350M debt financing from CPP Investments
Emeritus has secured $350 million in debt financing from Canada Pension Plan Investment Board CPP Investments through its subsidiary CPPIB Credit Investments Inc. This funding will be used by Emeritus to fuel mergers and acquisition as part of a robust global growth strategy.
