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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.
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.
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.
Glints , the Singapore-based career platform, announced today it has raised $22.5 The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. million in Series C funding led by Japanese human resources management firm PERSOL Holdings.
ShopBack , the Rakuten-backed e-commerce loyalty platform, announced today it will acquire buy now, pay later startup Hoolah. Both companies are based in Singapore and operate in Southeast Asian markets. Other acquisitions ShopBack has made to build out its business include personal finance community Seedly and Ebates Korea.
Workmate , a Singapore-based on-demand staffing platform, has been acquired by Persol Asia Pacific , one of the region’s largest HR service providers. Workmate currently operates in Thailand and Indonesia and is expanding operations into Singapore this month. Workmate’s Thailand team.
But when it comes to incorporating technology into marketing for brands, the stalwart has been willing to cede a point to a particular startup in Singapore. There are already a few plug-and-play social marketing software resources on the market for small businesses such as Offerpop – and Circus Social is pretty late to the game.
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.
Homage currently operates in Singapore, Malaysia and Australia. The Singapore-based company’s services include home visits from caregivers, nurses, therapists and doctors; telemedicine; and services for chronic illnesses. Homage’s Gillian Tee on how technology can serve the world’s aging population.
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.
Singapore-based Nektar.ai , a productivity platform for sales teams, has raised $2.15 Nektar co-founders Abhijeet Vijayvergiya and Aravind Ravi Sulekha. million in seed funding. Demand Sage raises $3M to make sales and marketing data more accessible.
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.
Singaporean insurtech company Surer , which automates the workflow and processes via a cloud-based platform, helps insurance intermediaries get rapid access to insurance quotations and insurers to distribute their products more efficiently. The company has raised a $1 million seed round to enhance its platform and scale in Asia.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. Founded in 2013, the Singapore-based startup says its annual revenue and gross profits grew 2.5x This brings Glints’ total raised so far to $80 million. Glints’ team.
Based in Singapore with offices throughout Asia and Australia, Reebelo wants to make buying pre-owned tech as desirable as a brand new device. It has offices in Australia, Singapore, New Zealand, Hong Kong, Malaysia and Taiwan. But the two said something like Recommerce didn’t exist yet in Singapore, where Rastouil grew up.
Supermom , a parenting platform with 20 million users in six Southeast Asian countries, offers parents price comparisons, communities and the chance to earn money by completing surveys. Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets. TechCrunch+.
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms.
Luxembourg, Hong Kong, Singapore and Chile. The DiginexESG platform quite simply takes away those challenges and does all the heavy lifting for them. The blockchain-enabled reporting tool also generates reports, giving companies the ability to demonstrate their ESG creds.
Based in Singapore, Nimbly develops software that automates more of that process. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6
Validus , a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. . The acquisition will be completed in April 2022. .
The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. Tinvio, a communication platform for supply chain merchants, gets $5.5 Over the last two months, 95% of suppliers on the platform have continued to use Tinvio to collect payments from their merchants.
Sleek , the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. ” Singapore-based digital business assistant Osome raises $3 million. .
The Singapore-based company announced today it has raised $6 million in seed funding, led by B Capital Group. Singapore-based sales productivity platform Nektar raises $2.15 The company says this is one of the largest seed rounds ever for a SaaS company based in Asia. million seed round.
Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . The platform also processes domestic and international bank transfers with low foreign exchange rates and transaction fees. .
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 This lets Jenfi continuously monitor its borrowers’ business activity, including revenue growth and marketing return on investment.
Aspire , the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. This covers a wide range of sectors, including IT companies, professional services, goods businesses and startups.
is a venture capitalist investing in Silicon Valley and Singapore. This four-step plan will help you move from idea to full-fledged business, without the need for massive startup capital. Some examples include: Organize a local market research campaign (best for services that involve connecting businesses with customers).
Singapore-based Aspire , which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one year after launching. We can go in and say we offer all-in-one financial tools for growing businesses,” he said.
StaffAny , a management platform for SMEs with shift workers, has raised a $3.4 The round will be used to expand into more markets and develop new features for StaffAny’s platform, which currently operates in seven countries, including Singapore, where it is based, Malaysia, and Indonesia. million Series A led by GGV Capital.
The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Klikit wants to save Southeast Asian food businesses from “ tablet hell ” by aggregating order information from all apps into one platform.
On the retail side of its platform, people can use its mobile app to earn a yield on their crypto holdings (6% on Bitcoin, 8.6% BlockFi believes that investor enthusiasm for the Series D round reflects both the company’s strong business growth, as well as “broader conviction in cryptocurrencies as an asset class.” .
Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features. It plans to double its transaction volumes over the next 12 months, and expand its teams in Singapore, Indonesia, Malaysia, Vietnam and Taiwan from 800 employees to 1,400.
His work evolved into environmental intelligence platform Komunidad , which collects data from government and private sources, and turns it into customizable analytics to help clients react quickly to potential disasters. The reports were meant to help businesses respond more quickly to natural disasters.
The company announced today it has raised a $100 million Series A that will be used to expand quickly in the United States and on its Singapore research and development center, which is currently under construction. The latest startup with funding news is Next Gen Foods , the creator of plant-based chicken alternative TiNDLE.
Headquartered in Singapore, proptech startup Propseller is on a mission to make real estate transactions more efficient and data-driven for sellers and buyers alike. Its platform is able to tell users the likelihood of a conversion each step of the way. co ,” said Jorge. and Flyhomes to a certain extent, Jorge said. .
French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong. The startup built a back-end operating system platform that handles everything from incorporation, government, accounting, taxes and visas to regulatory compliance.
Hong Kong-based events management platform EventX said today it has raised another $8 million for its Series B, lifting the total amount secured for this round to $18 million. The company started out by managing real-life events, from supporting user registration to helping attendees exchange virtual business cards.
After several launches, however, the Singapore-based startup noticed an interesting trend: customers were ordering batches of products from Raena every week and reselling them on social media and e-commerce platforms like Shopee and Tokopedia. Raena was founded in 2019 to create personal care brands with top social media influencers.
Omni wants to be the human resources platform to rule them all—or at least all HR-related tasks. Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. Instead, we see it as a ‘system of record’ of employee information.”.
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day. Image Credits: SleekFlow. Image Credits: SleekFlow.
Lynk announced today that its “knowledge-as-a-service” platform will be integrated into UBS ’ investment process. The startup has offices in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto, and serves about 200 enterprise clients, including Fortune 500 corporations, investment firms and government agencies.
Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 The company launched in Singapore in May, followed by Malaysia in August. million USD) Series B led by Tiger Global, with participation from Jason Lenga.
The Indonesia-based financial platform for SMEs announced today it has raised $108 million in Series C funding led by MDI Ventures. KoinWorks is headquartered in Jakarta, with holding in Singapore and tech offices in Yogyakarta, India and Vietnam. KoinWorks is the latest.
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