Funding

Temasek-Backed ShopBack Secures US$80 Million in Series F

Shopping and rewards platform ShopBack announced that it has raised US$80 million in a funding round led by Asia Partners, bringing its total funds raised to over US$230 million. ShopBack’s existing investor January Capital had also participated in the funding

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Vietnamese Fintech Anfin Bags US$4.8 Million Pre-series A Co-led by Y Combinator

Anfin, a Vietnam-based fintech firm with a proprietary stock trading platform, announced it has raised US$4.8 million in its pre-Series A funding round. The round was led by angel investor Clement Benoit, Founder of Stuart & Not so Dark as

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Vietnam’s Finhay Raises US$25 Million Series B Co-led by Openspace Ventures and VIG

Vietnam’s digital investment platform Finhay has secured a US$25 million in a Series B funding round co-led by Openspace Ventures and VIG. Other participants in the funding round include Insignia, TVS, Headline, TNBAura and IVC. Finhay said that the new

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Singapore Fintech Helicap Raises US$5 Million from Tikehau Capital, PhillipCapital

Fintech investment platform Helicap announced that it has raised US$5 million in a funding round from global asset managers Tikehau Capital and PhillipCapital. Jean-Baptiste Feat, Global Co-CIO of Tikehau Capital and Grace Tang, Executive Director at Phillip Private Equity, will

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Fintech Companies in Southeast Asia Raised US$1.4B in Q1 2022

After underwhelming performances in 2020, fintech funding in Southeast Asia regained some of its strength in 2021, a dynamism that remained in Q1 2022. During the first quarter of the year, Southeast Asian fintech companies raised a total of US$1.4

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True Global Ventures Closes US$146 Million Fund for Late Stage Web3 Startups

Venture capital firm True Global Ventures (TGV) announced the first closure of its US$146 million follow on fund that will focus on global blockchain startups in 20 cities in North America, Europe and Asia. The fund is dedicated to Web3

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TripleA Raises US$4 Million in Funding From Razer’s zVentures

Crypto payments firm TripleA announced that it has secured US$4 million in funding from Razer’s corporate ventures arm, zVentures. Eric Barbier, Founder, and CEO of TripleA shares that “this strategic investor partnership with zVentures brings knowledge, connections and consultancy in

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Flip’s US$100 Million Series B Round Sees Participation from Tencent and Block, Inc

Flip, Indonesian consumer payments platform, announced a second close of a Series B funding round that brings its total funds raised to more than US$100 million. The round was led by Tencent with participation from Block, Inc. (formerly Square, Inc.) and

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Sequoia Raises US$850 Million Fund Dedicated to Southeast Asia

Sequoia India and Sequoia Southeast Asia announced that they have collectively raised US$2.85 billion across a set of funds. This includes Sequoia’s India venture and growth funds as well as an US$850 million Southeast Asian fund, its first dedicated fund

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Vietnamese Proptech Houze Raises US$2 Million in Fundraise Led by DKRA Group

Houze, a proptech startup based in Vietnam that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, has raised US$2 million in a funding led by DKRA Group. DKRA Group is a major real

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