Funding
Tookitaki Closes US$19.2 Million Series A To Help Fight Money Laundering
Tookitaki a Singaporean regtech firm announced today that it has raised an additional US$11.7 million in funding bringing its total investment for their Series A to US$ 19.2 million. The extended Series A round allows Tookitaki to enhance its product
Read More
Singapore Based Chatbot Startup Pand.ai Bags US$ 1 Million in Seed Funding
Pand.ai, a Singapore-based artificial intelligence (AI) startup which develops smart chatbots, has snagged US$1 million in seed funding – the largest such amount raised from a single angel investor by a homegrown startup. According to their statement, the unnamed angel
Read More
Rapyd Secures $100 Million in Funding to Fuel Global Fintech-as-a-Service Expansion
Payments focused fintech Rapyd announced that they have secured US$ 100 million of financing in round led by Oak HC/FT with participation from Tiger Global, Caotue, General Catalyst, Target Global, Stripe and Entree Capital. This follows another round earlier this
Read More
Stripe and PayPal’s Co Founder Backs PH-Based PayMongo’s US$2.3 Million Seed Round
Philippines’ fintech startup PayMongo recently announced that it has raised US$ 2.3 Million in its seed round. PayMongo’s investments round sees participation from an impressive list of investors including Stripe, PayPal’s co-founder Peter Thiel, Tinder’s co-founder Justin Mateen, Y Combinator,
Read More
The Most Well-Funded Fintech Startups in APAC by Country in 2019
Global fintech investment witnessed a massive surge in 2018 with most of that amount going towards companies in Asia Pacific (APAC). Out of the US$55.3 billion raised by fintech companies last year, 54% of that was raised by APAC companies,
Read More
Standard Chartered’s VC Arm Participated in AI Firm’s US$40 Million Round
Digital Reasoning, today announced a strategic investment from SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered Bank, bringing its Series D-1 funding round total to $40 million. In addition to this investment, Digital Reasoning will partner
Read More
Indonesian P2P Lending Firm PinjamWinWin Secures Funding from SOSV MOX
PinjamWinWin, a Peer-to-Peer (P2P) lending fintech company, today announces that it has raised funding from SOSV. The P2P lending firms claims to have successfully disbursed over US$9 million in loans, PinjamWinWin aims to continue providing the 185 million unbanked Indonesians
Read More
Indonesia-Based Lending Fintech Raises US$ 24 Million in Gobi Partners Led Round
Indonesia based SuperAtom has closed its latest funding round of US$24 million. The round was led by Gobi Partners through the Meranti ASEAN Growth Fund with NYSE-listed Cheetah Mobile as a co-investor. Founded in 2018, SuperAtom is a startup incubated
Read More
London-Based Open Banking Platform Raises US$ 10 Million, Expands to Singapore
Railsbank an open banking and RegTech platform, announces that it has raised $10m in a Series A funding round, led by Moneta Capital and joined by CreditEase, Clocktower Technology Ventures, Singapore Life and existing investors including Firestartr. Interestingly, Railsbank is
Read More
Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding
Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology
Read More