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Australian fintech startup Airwallex launches global payment services in Singapore
Airwallex announced Thursday its official launch in Singapore, following its grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and a beta launch in November last year. Singapore businesses can now benefit from Airwallex’s suite of global payments services including global account issuance, domestic and cross-border…
Thai proptech startup PropertyScout raises total funding to $2.5M in oversubscribed pre-Series A round
PropertyScout, has reached $2.5 million in total funding after successfully closing its Pre-Series A round. Hustle Fund led the round, while a number of well-known prop tech investors, included industry veterans such as Simon Baker, Marc Stilke, Brian Ma, as well as AngelCentral also joined the round.
Indonesian renewable energy startup Xurya receives $21.5M Series A funding led by East Ventures and Saratoga
PT Xurya Daya Indonesia (Xurya) has raised series A funding of $21.5 million. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.
Southeast Asia neobank Crowdo closes $5.9M pre-Series B convertible bridge round from Gobi, Ivest
The funds will be used to expand Crowdo’s neobank platform in Singapore and Indonesia and scale its ESG financing portfolio. Crowdo is headquartered in Singapore but fully licensed by the Indonesian financial authority Otoritas Jasa Keuangan for digital lending in since 2017. The fintech is also registered with the Securities Commission Malaysia.
For LionsBot, human-centered AI ensures that tech can make the most impact where it matters [ORIGIN Innovation Awards Q&A]
Innovation should always focus on improving the welfare of communities and seek to resolve the challenges they face in their day-to-day life. New technology should have the goal of improving a society’s quality of life.
Fintech startup Paywatch raises $5.23M in seed funding round led by Third Prime and others
Paywatch has raised MYR21.9 million ($5.23 million) in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong. SparkLabs, Won & Partners and CTK Investments also participated in this round. Operating in South Korea, Malaysia and Hong Kong, the company plans to use the fresh funds to…
Data centers borne out of COVID: A closer look at skills, land scarcity, and energy usage
Ultimately, reducing the impact on the environment dramatically is fundamental for a sustainable future and the onus lies on data center operators to keep energy levels in check even as they scale up operations.
Indonesian Fintech player KoinWorks raises $108M in Series C funding led by MDI Ventures
KoinWorks has raised $108 million Series C funding round led by MDI Ventures, Previous equity investors such as Quona Capital, Triodos Investment Management, Saison Capital, ACV and East Ventures also participated in the round. The funding, which consists of $43 million in equity and $65 million in debt capital, will be used to scale KoinWorks’ solutions…
Singapore interactive video platform Wootag raises $1.7M in funding led by Cornerstone Venture Partners Fund
Wootag has raised $1.7 million in bridge funding led by Cornerstone Venture Partners Fund (CSVP), with further backing from existing investors Wavemaker and SEEDS Capital. This investment fuels Wootag’s expansion plan to scale in Asia Pacific markets and enhance artificial intelligence (AI) capabilities for in-video interactivity and audience engagement…
Indonesian agritech start-up eFishery raises $90M Series C to expand throughout Asia
eFishery has successfully closed $90 million in its Series C round. This round of investment was co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India, with participation from existing investors including the Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners. The funds raised will be used to scale up its platform and to…
