Funding
CrediLinq.Ai Raises Seed Extension Round to Fuel Growth
CrediLinq.Ai, a Singaporean fintech enabling B2B online financing and payments, announced that it has raised an undisclosed sum during the extension of its seed funding round. The round was joined by MS&AD Ventures, Big Sky Capital, and existing investors 1982
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Thai Lender MONIX Raises US$20 Million Ahead of IPO Plans
MONIX, a Bangkok-based AI-powered digital lending platform, announced that it has secured US$20 million in the first close of its pre-IPO fundraising. The new funds raised brings its total funds raised to US$40 million. The investment was led by Siam
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Japan-Based Fintech Habitto Raises a Further US$3.9 Million In Pre-A Financing Round
Habitto by SJ Mobile Labs, a Japan-based startup looking to change financial habits through a mobile bancassurance platform, has raised US$3.9 million in a pre-A financing round. The round was co-led by Saison Capital and Cherubic Ventures. It was also
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Top 10 Most Well-Funded Fintechs in India
2022 was a turbulent year for startup fundraising. In India, although fintech funding dipped 35% in 2022, the country maintained its position as one of the top three countries for fintech funding, with startups in the sector successfully securing a
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MUFG and Bank Danamon Sets up US$100 Million Fund for Indonesian Startups
MUFG Innovation Partners (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group (MUFG), has set up a US$100 million fund with Bank Danamon Indonesia. The fund named MUFG Innovation Partners Garuda No. 1 Limited Investment Partnership is MUIP’s third
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Global Crypto Funding Slumps 42.5% Amidst Crypto Winter
Funding to cryptocurrency companies plummeted 42.5% in 2022, plunging from an all-time high (ATH) of US$37.08 billion secured in 2021 to US$21.26 billion last year, a new report by crypto data aggregator CoinGecko shows. While the drop may appear significant,
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Big Spenders — Singapore’s Most Active Fintech Series A Investors
Singapore has seen an influx of startups and venture capital in recent years. Several factors have contributed to this – from the city’s pro-business environment to its highly educated workforce. Another factor contributing to the success of startups in Singapore
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Fintech Consolidation Set to Intensify This Year
2022 saw the start of a significant consolidation phase for the fintech sector, a trend which is set to accelerate this year as the economic climate continues to deteriorate in the face of elevated inflation, higher interest rates and reduced
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Singapore Fintech Pilon Raises US$5.2 Million Seed Funding
Pilon, a Singaporean fintech providing cloud-based supply chain financing system, has secured US$5.2 million in both debt and equity during a seed funding round. The round was led by Wavemaker Partners with participation from Octava and Polaris Kin. Pilon said
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5 Homegrown Fintech Startups from India We’re Watching in 2023
Until fairly recently, fintech startups from India that showed promise had to move their base to more favourable climates to get the sort of valuations, better fundraising opportunities, and better taxation structures. Singapore, Dubai, and the US were all more
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