Singapore

Brinc and Future Health Asia launch accelerator program for MedTech startups

Brinc’s partnership with Future Health Asia will bolster the value that is provided to selected MedTech startups through the integration of both their networks, expertise and jointly created educational content.

IMMedia Series A

[Updated] IMMedia secures Series A funding to scale its data-driven content marketing platform

The platform creates new audience engagement metrics with actionable recommendations and predictions to increase the effectiveness of content across multiple complex markets, enabling IMMediate to deliver maximum audience engagement, conversions, leads and long-term ROI.

Lendela $2M Pre Series A

Personal loan platform Lendela gets $2M in pre-Series A financing to support business expansion

With this capital infusion, Lendela intends to fund expansion activities. Operating in Singapore and Hong Kong, the FinTech’s growth plan focuses on gaining more customers and broadening its reach in its existing markets.

Tower Capital PE Fund I $250M close

Tower Capital PE Fund I has first close at $250M, seeks mid-market investments in Southeast Asia by Q1 2021

The fund targets to invest in companies across consumer education, healthcare, manufacturing, and business services in Southeast Asia, with focus on Singapore

Legal management platform Lupl raises $14M, readies for Q2 launch with new appointments

Legal management platform Lupl raises $14M, readies for Q2 launch with new appointments

Lupl is a privately-held company based in Washington, DC specializing in the management of large volumes of legal transactions. It has been increasing its presence in Asia as it recently signed a Memorandum of Understanding (MoU) with the Ministry of Law of Singapore to advance the city-state’s legal sector digitalization.

Bluzelle blockchain database mainnet launch

Decentralized data delivery network Bluzelle to launch mainnet on February 3rd

Bluzelle says that customers who have already been using the company’s decentralized database service will find a seamless transition from the previous blockchain network. The mainnet is a hard fork from the soft mainnet, the company explained.

Sea Group office and logo

Sea makes major FinTech push as it acquires Indonesia’s Bank BKE

With this acquisition, Sea, which is regarded as Southeast Asia’s most valuable company, strengthens its foothold in the FinTech sector. The company is inching closer towards its goal of becoming the financial technology leader in the ASEAN region.

Singapore sets new rules for payment service companies that support crypto

On the first working day of 2021, Singapore’s Parliament approved a bill to impose stricter oversight on virtual payment service providers that support DPTs or cryptocurrencies

EdTech platform Kyt plans MENA expansion with $5M Series A

Educational technology startup Kyt has announced that it has raised a total of $5 million in a Series A funding round. The investment was led by Alpha Wave Incubation, which is run by US investment firm Falcon Edge Capital. Aside from AWI, angel investors and companies including Titan Capital, January Capital, and Sequoia Capital India’s Surge contributed…