Funding
Vietnamese BNPL Firm Fundiin Secures US$5 Million Series A
Vietnamese Buy Now, Pay Later (BNPL) firm Fundiin announced that it has secured US$5 million in a Series A funding round that was co-led by Trihill Capital and ThinkZone Ventures. Additional investors who had joined the financing round include 1982
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bolttech Now Valued at US$1.5 Billion With Series B Led by Tokio Marine
Singapore-based insurtech firm bolttech announced that Japanese multinational insurance holding company Tokio Marine, alongside other shareholders, will lead its Series B funding round. The sum was not disclosed. According to bolttech, this financing round will push its valuation to approximately
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Top 10 Most Well-Funded Fintech Companies in Singapore in 2022
Home to more than 1,000 fintech companies, Singapore has emerged over the past couple of years as a fintech powerhouse, a position it rose to thanks to its conducive regulatory landscape, supportive initiatives from the government, and the abundance of
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Sygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform
Sygnum, a digital asset technology group with a Singapore capital markets services (CMS) license, announced it is partnering Thai media and entertainment group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform. The raise
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ShopBack Raises Additional US$80 Million From Temasek’s 65 Equity Partners
Shopping and rewards platform ShopBack announced that it has extended its Series F funding round with US$80 million of equity capital from Temasek’s 65 Equity Partners. The completion of the raise is subject to customary regulatory approvals. This follows an
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Top 10 Most Well-Funded Fintechs in Indonesia in 2022
Indonesia, Southeast Asia’s largest economy, has emerged over the past couple of years as one of the region’s biggest fintech hubs. Home to 785 fintech companies, as of late 2021, Indonesia is currently Southeast Asia’s second largest fintech startup community.
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Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital
India-based digital banking infrastructure enabler Signzy announced that it had raised US$26 million in a funding round led by private equity firm Gaja Capital. The round was also joined by its existing investors Vertex Ventures and Arkam Ventures. According to
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Singaporean Fintech #dltledgers Secures S$8.5 Million in Series B Fundraise
Singapore-based fintech firm #dltledgers announced that it has raised S$8.5 million in a Series B funding round to fuel its North American expansion plans. According to #dltledgers, the recent fundraise has pushed its valuation to S$100 million, up from S$46
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Despite Soaring Funding and Valuations, Indian Fintechs Struggle to Turn a Profit
India’s fintech industry has grown as a rapid pace over the past years, and stands today as the world’s third largest fintech startup hub. Locally, fintech companies raised a staggering US$29 billion in funding in the first seven months of
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B2B Fintech Platform Fazz Raises US$100M Series C Led by Tiger Global
Southeast Asian fintech Fazz — a business account for businesses of all sizes to pay, save and get credit — has raised US$100 million in Series C funding. The US$75 million in equity includes investment from existing investors such as
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