Funding
Indonesian Agritech Semaai Raises US$4.7M, Sets Sights on Fintech Partnerships
Indonesian agritech startup Semaai has secured US$4.7 million in a pre-series A funding round led by CyberAgent Capital, bringing its total funds raised to US$ 7.6 million. The raise was also joined by Sumitomo Corporation Equity Asia, Ruvento, MyAsiaVC, and
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Indonesian Neobank KOMUNAL Gears Up for Expansion with US$5.5M Funding
Indonesian fintech company KOMUNAL has secured US$ 5.5 million in a Series A+ funding round led by Sumitomo Corporation Equity Asia. The fundraise also saw participation from several venture capital firms including Jafco Asia, Skystar Capital, Sovereign Capital, and Gobi
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Fintech, Tech and Crypto Media Sector Shows Resilience with Notable Strategic Acquisitions and Funding Rounds in 2023
Over the past year, global economic and geopolitical uncertainty posed challenges for media and telecoms mergers and acquisitions (M&A) activity, but despite this, the sector continued to see strategic acquisitions and funding rounds driven by factors such as digitalization, innovation,
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2023’s Biggest Rounds of Fintech Funding in APAC
As we venture forth into the new year it’s worth reflecting back on 2023 to provide us clues on what 2024 might look like. To get a sense of APAC’s up-and-coming fintech leaders, we take a look today at some
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MUFG Pumps US$100M into Home Credit Indonesia for Sustainable Financing
Home Credit, an Indonesian consumer finance company, has secured an investment of US$100 million from Mitsubishi UFJ Financial Group’s (MUFG) division in the country, according to a report by Tech in Asia. This new capital injection will be strategically allocated
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Validus Accelerates Expansion With US$20M Funding From 01Fintech
Southeast Asian SME financing platform Validus has secured a US$20 million investment from growth-stage private equity firm 01Fintech. Validus will use the fresh funds to accelerate its expansion plans in fast-growing markets like Indonesia as well as enhance its technology
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Former BigPay, Monzo, VP Bank Leaders Launch Pave Bank with US$5.2M Funding
Pave Bank, a digital bank with programmable money and regulated digital assets, announced that it has officially launched following a US$5.2 million seed funding round. The fundraise was led by 468 Capital with participation from Quona Capital, FT Partners, BR
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Break Into Private Equity With Zorion — No Accreditation Needed
Consumers can now step into the exclusive world of private equity with Zorion‘s innovative application, which opens the door to pre-IPO investment opportunities in tech giants, with no need for accredited investor status. For too long, investing in high-potential, pre-IPO
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DCS Card Centre Fuels Expansion With S$300 Million Asset-Backed Notes
Singaporean fintech DCS Card Centre (DCS) announced that it has raised S$300 million through an upsized issuance of asset-backed notes as part of the company’s strategy to bolster its growth. The newly issued notes, secured by credit card receivables, marks
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Igloo Secures US$36 Million Pre-Series C, Marks 50% Surge in Company Valuation
Singapore-based insurtech Igloo has completed a US$36 million Pre-Series C funding round, bumping up its valuation by 50% compared to the previous round in 2022. The company aims to achieve profitability by 2024. The funding round, led by the global
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