Singapore
Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group
The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.
Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021
Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.
Healthcare-focused PE firm Quadria Capital mulls SPAC listing in Singapore – report
Earlier reports showed Internet entrepreneur Patrick Grove, Singapore-based PE firm Novo Tellus Capital Partners, French alternative investment manager Tikehau Capital SCA are also targeting SPAC-listing on the Singapore exchange. Other interested parties include Turmeric Capital and Temasek’s Vertex Holdings Ltd.
Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF
TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.
Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL
It is important for individuals to understand the terms and conditions of the BNPL schemes, and to not take debt that they cannot afford, the regulator warned.
Singapore-based Funding Societies raises $18M in debt, on track to raise $120M
It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.
Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs
Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.
Atome partners Softbank-backed travel tech firm Klook to expand BNPL services
The partnership will start in Singapore before rolling out to Hong Kong, Malaysia, and the Philippines in the coming months.
UOB, SGX-backed ADDX collaborate on $36.8M sustainability-linked digital bond
UOB was appointed as a joint lead manager for the S$675-million ($496.56 million) sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services. The bank partnered with ADDX to custodise and manage a S$50-million ($36.78 million) portion of the bond.
Singapore-based Qapita raises $15M Series A co-led by East Ventures & Vulcan Capital
Qapita plans to add more products to its platform that will not only provide solutions for private companies and startups but also to investors, shareholders and employees.
