FinTech
Australia’s Airwallex strengthens global leadership team in Singapore
Australian FinTech firm Airwallex has on Thursday announced senior appointments to its global leadership team as the global payments and financial platform focuses on its expansion into 2023.
India’s PhonePe raises $100M additional funding at $12 billion valuation
PhonePe, one of India’s largest fintech platforms, has on Tuesday announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion.
Vietnamese FinTech startup GIMO hits first close of Series A at $5.1M
Vietnam’s fintech start-up GIMO has on Tuesday announced the first close of its Series A funding with a $5.1 million investment led by TNB Aura. Other investment firms joining the round are returning investors including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator.
Singapore’s Aspire closes $100M Series C round
Aspire, a Singapore-based FinTech firm, has on Tuesday announced that it has closed an oversubscribed Series C round at $100 milion. Lightspeed and Sequoia Capital SEA, Paypal Ventures, LGT Capital Partners and existing backers Picus Capital and Mass Mutual Ventures have participated in the round,
Moonfare caps Series C extension round at about $15M, bringing its Series C funding to $130 million+
Moonfare, a global digital private equity investment platform with its Asia Pacific offices headquartered in Singapore and Hong Kong, has capped the extension of its Series C financing round at about $15 million, achieving a record valuation.
Thailand’s MONIX closes $20M pre-IPO round led by SCBX and Lombard Asia
MONIX Co., Ltd., a Thailand-based artificial intelligence (AI)-powered digital lending platform, announced Wednesday that the company has secured $20 million in the first close of its pre-initial public offering (IPO) fundraising.
US’s Strike partners Pouch.ph to expand lightning-fast money transfers to the Philippines
Strike, the United States-based digital payments platform built on Bitcoin’s Lightning Network, has on Tuesday announced the expansion of its “Send Globally” product to the Philippines. The firm has partnered with Pouch.ph in the Philippines, enabling transfers from U.S. dollars that are received as Philippine pesos in a recipient's bank or mobile money…
Ayoconnect partners Mastercard to build innovative solutions in bank-account based payments and open finance in Indonesia
Ayoconnect, an Indonesia-based open finance API platform, has on Tuesday announced a strategic partnership with Mastercard to modernize bank account-based payments and co-create open finance solutions in Indonesia.
CMC Markets gets approval to launch investment platform in Singapore
United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte. Ltd. (CSMI), has received a regulatory in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services licence (CMSL) to offer online and mobile…
