From Online payment to eCommerce
App Samurai closes a $2.4M Series A funding round led by 212 Ventures
App Samurai, a platform to market mobile apps, has closed an investment of $2.4 million in Series A funding, led by 212 Ventures and co-invested by Collective Spark, 500 Startups and Degerhan Usluel. It has now raised a total of $4.6 million, which will be used to develop the mobile advertising group’s product portfolio and […]
For investors, late-stage fintech startups are a lucrative bet
Between two rounds at $500 million and two exits in the billions of dollars, financial technology and financial services startups, and the capital backing them, have been on fire.
Blockchain security startup CoolBitX raises $16.75M Series B
CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised a $16.75 million Series B led by returning investor SBI Holdings, a Japanese financial group. Korean cryptocurrency exchange Bitsonic, Monex Group, another Japanese financial group and Taiwan’s National Development Fund also participated. Founded in 2014, CoolBitX makes two products. One is CoolWallet […]
Afternoon News Roundup: Limitless Labs teams up with US Embassy, Pasig City to innovate public service design
Limitless Labs teams up with US embassy, Pasig City to innovate public service design Limitless Lab, a design and innovation company in the Philippines, is partnering with City Government of Pasig and the US Embassy in the Philippines to develop innovation in public service design and local government units (LGUs). According to a press statement, […]
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Adtech in Southeast Asia: 5 trends that will rule this industry in 2020
Technology has disrupted every industry and advertising is still adapting each day to the digital transitions. From Adwords to demographic targetting on social media, adtech is growing in 2020. Here are five predictions on where the industry is headed. Number of players in adtech will be at its highest level ever This can be a […]
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Grab announces US$850M+ investment from MUFG, TIS to boost fintech expansion
Southeast Asian ride-hailing giant Grab, which has been making a foray into the fintech scene, today announced an over US$850 million investment from Mitsubishi UFJ Financial Group (MUFG) and TIS. MUFG will invest up to US$706 million in the company while TIS will invest US$150 million (JPY16.5 Billion). The investments were meant to support Grab’s […]
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