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Weixin Pay expands role in Singapore tourism as Chinese visitor demand grows

TechNode

The recently formalized Memorandum of Understanding (MoU) between Singapore’s major tourism stakeholders and Weixin Pay marks a milestone in cross-border digital tourism development. China was Singapore’s largest source market for international visitors before the pandemic.

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor Lysenko told TechCrunch.

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Singapore-based Volopay raises $2.1 million seed round to build a “financial control center” for businesses

TechCrunch

Volopay , a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’ Most of Volopay’s clients are in the tech sector and have about 15 to 150 employees. million in seed funding.

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Singapore wealth management platform Endowus raises $35M

TechCrunch

One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 Returning investors include notable firms like UBS Next, Singapore’s EDBI, Prosus Ventures (owned by Naspers), Lightspeed Venture Partners, Singtel Innov8 and Endowus employees.

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Singapore-based corporate services super app Osome raises $25M Series B

TechCrunch

Osome is a corporate “super app” that helps business owners with administrative tasks like payroll, accounting and tax reporting. It plans to become cash flow positive within the next 12 months, and recently announced a digital banking partnership with Singapore financial service corporation OCBC.

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Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch.

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Singapore-based insurtech startup Surer nabs seed round to bolster its product development

TechCrunch

By digitalizing the insurance work for insurers and intermediaries, its platform enables them to save time, focus on their clients and scale their business. . Norwegian investor Kistefos , Markel Digital Investment and an angel investor participated in the latest round. trillion general insurance industry. .

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