Funding Societies launches green loans product, releases regional impact study
Southeast Asia SME digital financing platform Funding Societies has launched its green loans product, in which it offers a 40 percent discount on interest on its unsecured microloan offerings to small businesses that satisfy one of the “green” criteria.
“We are looking to empower SMEs not just in digital financing but also solving their other pain points over time,” Funding Societies…
Korea EdTech startup Mathpresso secures strategic investment from Google
Mathpresso, a Korea-based EdTech startup announced that it has received an undisclosed amount of funding from Google.
Mathpresso said in a statement, the funding will help the startup to accelerate its global market expansion as well as its technological advancement.
Mathpresso operates its flagship app 'QANDA', an AI-powered mobile learning platform for K-12 students. By recognizing text…
South Korea 3D sketch software Sketchsoft raises $3.2M Series A co-led by SBVA for talent acquisition & further expansion into global markets
SoftBank Ventures Asia, the early-stage venture capital arm of the SoftBank Group, announced Wednesday that it has co-led a $3.2 million Series A funding round in Sketchsoft, a 3D sketch software developer in South Korea.
In a statement, SBVA said that it jointly led the $3.2 million round with Korea’s venture capital and private equity firm SV Investment, with additional participation by…
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
Indonesia-based online stock trading platform Ajaib announced that it has become the country's seventh unicorn and the first investment FinTech Unicorn in Southeast Asia.
"Ajaib humbly announces that we are now Indonesia's 7th Unicorn Startup and the first investment FinTech Unicorn in Southeast Asia. Merely 2.5 years after Ajaib first launched, we managed to secure the Unicorn title, making…
Southeast Asia’s top 50 rising women in tech 2021 [Updated]
Southeast Asia has seen its fair share of unicorns--23 at last count if we include startups that have already gone public like Sea and Razer. A quick scan of these billion-dollar startups reveals that only three of the region’s unicorns have female founders or are led by women.
The three are Grab Co-Founder Tan Hooi Ling, JustCo Co-Founder and Chief Operating Officer Lu Liu, and PatSnap…
Singapore-based SME digital financing platform Funding Societies gets financial backing from Samsung
Funding Societies, an SME crowdfunding and alternative investment platform based in Singapore, became a recipient of an undisclosed amount of funding support from Samsung Venture Investment Corporation (SVIC), the venture capital arm of Samsung Group.
The FinTech startup intends to use the newly secured funds for the expansion of its tech team across Southeast Asia. Funding Societies seeks to…
Building a fintech empire, Indonesia’s Ajaib adds stock-trading
Over a year after winning funding from SoftBank Ventures, Indonesia’s wealth-management app Ajaib is making another big move by this week expanding from just mutual funds to offering stock-trading and ETF-trading.
It’s part of the startup’s ambition to build a fintech empire in the mold of Robinhood, which is valued at $8 billion.
In order to expand, Ajaib has acquired a decades-old…
Gojek escalates cashless payments battle with startup acquisition
After eight months of rumors, ride-hailing giant Gojek just revealed it has acquired Moka, an Indonesian startup that makes internet-connected payment systems for stores and restaurants.
Gojek, Indonesia’s top-valued startup at $10 billion, confirmed the deal in a filing with Indonesia’s Business Competition Supervisory Commission, reported local media.
The acquisition proves the…
Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore
Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.
Funding Societies said in a statement on Wednesday…
CertiK Skyfall Team’s Alert Leads to Enhanced Security Measures at ByteDance
NEW YORK, Feb. 2, 2024 /PRNewswire/ -- ByteDance, the highly-valued and still-private creator of TikTok and a leading global technology company, has acknowledged the critical role played by the CertiK Skyfall team in identifying and mitigating a substantial security risk within its systems. The ByteDance Security Response Center promptly addressed the warning issued by CertiK, leading to…