Investments

Pickupp has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson. Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement. The funding will be used to deepen its presence in Asia and to…

Tyme has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. Tyme, which has its roots in South Africa, is using the funding to grow TymeBank in South Africa and GOTyme in the Philippines.

The company is said to be seeking to raise $200 million to $300 million from new and existing backers.

Binance Labs has led the $1.5 million seed round for Bulletin Board System (BBS) Network. The investment is part of Binance Labs' broader strategy to grow the global blockchain ecosystem.

WeLab announced Monday the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong. WeLab said it had drawn wide-spread interest from existing and new investors who have already contributed $240 million for this transaction,…

Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to accelerate and incubate early crypto gaming startups that are building on BSC.

Xen Capital has raised $7.5 million in a Series A round led by Headline Asia (formerly known as Infinity Ventures) to scale its business to business to consumer (B2B2C) alternative investment platform.

PeopleFund will utilize the funds to hire artificial intelligence (AI) engineers and acquire alternative data to further upgrade its credit-scoring algorithm while focusing on credit scoring technology with the acquisition of MyData license set for late this year.

Space BD has raised a total of 1.04 billion JPY ($9.2 million) through a third-party allotment of new shares to the existing shareholders Incubate Fund, Anniversaire Holdings, SMBC Venture Capital, Mizuho Capital, and the new shareholder Pavilion Capital, wholly owned by Temasek Holdings, a Singapore government-affiliated investment company.

Simpl, has raised a $40 million Series B round led by Valar Ventures and IA Ventures with participation from LFH Ventures and other internal investors. The investment brings the total capital raised by the company to $83 million.