Funding

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

Experian Leads US$20M First Close of Series B1 Investment in CompareAsiaGroup

Experian, a global information services provider, is leading the US$20 million first close of Series B investment in CompareAsiaGroup, a comparison site with significant presence across Asia. Founded in 2014, CompareAsiaGroup claims to reach 60 million users across six markets

Read More