Industry veteran Dennis Martin joins fintech start-up ADVANCE.AI to lead credit reporting business
SINGAPORE, Jan. 31, 2024 /PRNewswire/ -- ADVANCE.AI, Southeast Asia's leading provider of digital identity verification, compliance and risk management solutions, has appointed industry veteran, Dennis Martin, as CEO of its credit reporting business.
Martin has 25 years' leadership experience in the global credit reporting industry and was previously the Group CEO of CTOS Digital in Malaysia,…
Industry veteran Dennis Martin joins fintech start-up ADVANCE.AI to lead credit reporting business
SINGAPORE, Jan. 31, 2024 /PRNewswire/ -- ADVANCE.AI, Southeast Asia's leading provider of digital identity verification, compliance and risk management solutions, has appointed industry veteran, Dennis Martin, as CEO of its credit reporting business.
Martin has 25 years' leadership experience in the global credit reporting industry and was previously the Group CEO of CTOS Digital in Malaysia,…
South Korea’s Elice raises $14.9M in Series C round led by Vertex Growth
Elice Inc. (Elice), South Korea’s upcoming artificial intelligence (AI)-powered educational platform company, has raised a KRW 20 billion ($14.9 million) Series C round.
Elice said in a statement on Monday that the new funding is led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of the global investment company Temasek.
Its participating…
Singapore’s SPH Media to acquire tech media firm Tech in Asia
Singapore's largest news publisher SPH Media announced on Wednesday that it has entered into an agreement to acquire Tech in Asia Pte. Ltd. (TIA), a technology media company that serves and develops Asia’s tech and startup community.
With its reach and capabilities, TIA will strengthen the offerings of SPH Media and, in particular, that of The Business Times (BT), the company said in a…
Singapore’s CrossFund raises additional $1.5M in funding at a $47M valuation
Singapore-based Fintech startup CrossFund has raised additional $1.5 million in funding at a $47 million valuation.
The firm said in a statement on Monday that it has raised its fourth funding round in two years from family offices in the Middle East and North Africa (MENA) and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels.
"Having…
CrossFund Raises Additional $1.5M in Funding at a $47M Valuation, Establishes Itself as Leading Investment Gateway to the Emerging World
SINGAPORE, Oct. 9, 2023 /PRNewswire/ -- Fintech startup, CrossFund, has raised its fourth funding round in two years from family offices in MENA and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels. Founded in 2021 by Ben Cardarelli and Davide Cali, the company has quickly become the equity financing tool of choice for startups in SEA and EMEA…
CrossFund Raises Additional $1.5M in Funding at a $47M Valuation, Establishes Itself as Leading Investment Gateway to the Emerging World
SINGAPORE, Oct. 9, 2023 /PRNewswire/ -- Fintech startup, CrossFund, has raised its fourth funding round in two years from family offices in MENA and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels. Founded in 2021 by Ben Cardarelli and Davide Cali, the company has quickly become the equity financing tool of choice for startups in SEA and EMEA…
Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round
EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round.
EdgeCortix said in a statement on Wednesday that the funding was led by Japan’s venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a Japan-United States collaboration-focused venture…
Total funding into SEA tech startups falls 71 percent year on year to $2.3B in first half, says Tracxn
Total funding into Southeast Asia (SEA) tech startups fell 71 percent to $2.3 billion in the first half of 2023, from $8 billion a year ago, said Tracxn Technologies Ltd on Thursday.
Tracxn said in its SEA Tech Semi-Annual Funding report that the total funding in the first half is 45 percent lower than $4.3 billion raised in the second half of 2022.
According to the report, this decline…
Indonesia’s eFishery earns unicorn tag after raising Series D round – report
Indonesia-based aquatech startup eFishery has become the country’s latest unicorn after raising $108 million in a Series D funding round led by UAE-based G42 Global Expansion Fund (42XFund), DealStreetAsia reported on Thursday, citing regulatory filings.
It was reported that 42XFund contributed $100 million to the round, while SoftBank Vision Fund II chipped in nearly $5 million, according to…