Funding
OCBC Supports Women-Led Startups with Up to S$100,000 Financing
OCBC Bank has unveiled a SME programme set to launch in April 2024, aimed specifically at supporting women entrepreneurs in Singapore. The OCBC Women Entrepreneurs Programme offers a targeted approach to financing, enabling female-owned SMEs to expedite their business goals.
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Singapore Gulf Bank Secures Funding From Bahrain’s Sovereign Wealth Fund
Bahrain’s sovereign wealth fund Mumtalakat announced an investment in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa Group. This investment will support SGB’s launch and growth in Bahrain, following the bank’s recent licensing approval from the Central
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Fairbanc to Enhance Indonesian Operations with US$13.3M Debt Financing
B2B embedded finance startup Fairbanc has secured US$13.3 million in debt financing from digital lending arm of Pegadaian, a subsidiary of Bank Rakyat Indonesia. According to DealStreetAsia, Fairbanc aims to utilise the newly acquired funds to broaden its operations in
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Singapore’s Equity Management Platform Qapita Raises US$17.2 Million
Singapore’s fintech startup, Qapita, has raised US$17.2 million in a funding round believed to be pre-Series B, adding to the US$22.68 million secured in 2020 and 2021. This latest financial infusion saw contributions from a mix of existing investors. Leading the
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Singapore Fintech Fluid Founded by Former Atome Exec Trasy Walsh Raises US$5.2M
Singapore-based fintech startup Fluid has announced a US$5.2 million Series A funding round led by Insignia Ventures Partners to expand its flexible financing for business-to-business (B2B) purchase solution, as reported by The Business Times. This latest financial injection brings Fluid’s
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Vietnamese Fintech 1Long Raises US$500K in Pre-Seed Funding
1Long, a fintech startup based in Vietnam, has raised US$500,000 in a pre-seed funding round supported by a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital. With this new funding, 1Long plans to invest in technological
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Helicap and Bank Danamon Join Forces to Support Fintech Growth in Indonesia
Fintech investment platform Helicap and Bank Danamon have partnered to to support the fintech industry in Indonesia. Both entities aim to provide comprehensive growth capital solutions to fintech and alternative lending firms as well as micro, small, and medium-sized enterprises
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Climate Impact X Secures S$30 Million Funding Boost Led by Mizuho
The Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, has secured an additional S$30 million (US$22.3 million) in funding, as revealed by regulatory filings accessed by DealStreetAsia. This recent investment round was led by Mizuho
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Top Funded Fintech Startups in Indonesia in Early 2024
Who are the top funded fintech startups in Indonesia as of early 2024? With a rapidly growing economy and a tech-savvy population, Indonesia has become a hotbed for fintech innovation and startups, peering into the most well-funded fintech startups in
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Franklin Templeton Joins Transparently.AI’s US$3 Million Fundraise
Transparently.AI, a Singapore-based AI firm specialising in detecting accounting fraud, announced that global asset management firm Franklin Templeton had joined its US$3 million pre-Series A funding round. This financial backing is part of Transparently.AI’s inclusion in Franklin Templeton’s Fintech Incubator
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