Funding
Franklin Templeton and F10 Launches Early-Stage Fintech Incubator in Singapore
Asset manager Franklin Templeton has partnered with fintech startup accelerator F10 for a two-year joint incubation programme in Singapore which will kick-off in July 2022. The “FT Singapore Fintech Incubator” will be supporting early-stage fintech startups in Singapore and the
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Indonesian Open API Platform Ayoconnect Raises US$15 Million Series B
Indonesian open finance platform Ayoconnect announced that it has closed a US$15 million series B financing round led by Tiger Global. The round was joined by PayU, the payments and fintech business of Prosus, and Alto Partners, as well as
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Personetics Secures US$85 Million Investment From Thoma Bravo
Personetics, a global provider of data-driven personalisation solutions, announced it has raised US$85 million from software investment firm Thoma Bravo. The firm will be partnering with Thoma Bravo to leverage the latter’s operational expertise in software and financial technology. The
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Global Processing Services Upsizes Latest Fundraise to US$400 Million
Payment technology platform Global Processing Services (GPS) announced the closing and upsizing of its latest fundraise at over US$400 million. Global investment company Temasek and MissionOG, a US-based growth equity firm, joined the over US$300 million initial round, co-led by
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Indonesian Investment App Pluang Bags Additional US$55 Million
Pluang, an Indonesian all-in-one fractional investing app, announced that it has raised US$55 million in a funding round led by venture capital firm Accel. This is a follow-on round to its previously announced Series B, pushing its total investment to
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Indonesia’s SME-Focused Neobank KoinWorks Raises US$108 Million Series C
KoinWorks, an Indonesian neobank focused on small and medium-sized enterprises (SMEs), has secures US$108 million in a Series C funding round which consists of US$43 million in equity and US$65 million in debt capital. The round was led by MDI
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Vietnam’s Digital Bank Timo Secures US$20 Million Funding Led by Square Peg
Vietnam-based digital bank Timo announced that they have successfully secured US$ 20 million in fresh funding. The investment round is led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel and Airwallex. Other
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Open Finance Platform Brankas Raises USD $20m From Insignia Ventures and Visa
Brankas an open finance tech firm announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. Visa, AFG Partners and Treasury International (backed by veteran fintech
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Vietnam Based Fintech Anfin Raises US$ 1.2 Million in Seed Funding
Vietnam-based Anfin, a fintech firm with its proprietary stock trading platform, announced today that it has raised US$1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC) – the latter coming in as a returning
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Vietnamese E-Wallet MoMo Joins Unicorn Club With US$200 Million Series E
Vietnamese e-wallet M-Service which operates under the MoMo brand announced it has raised US$200 million Series E in a funding round that was led by Mizuho Bank, a subsidiary of Mizuho Financial Group. With this latest fundraise, MoMo is now
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