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
Read MoreVietnamese 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
Read MoreVietnam’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
Read MoreSingapore 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
Read MoreFintech 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
Read MoreTrue 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
Read MoreTripleA 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
Read MoreFlip’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
Read MoreSequoia 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
Read MoreVietnamese 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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