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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.
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.
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.
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.
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 now has a regional network of more than 6,000 pre-screened and trained care professionals.
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.
YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and brings YouTrip’s total raised to $100 million since it launched in 2018.
Ninja Van , a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines.
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. ShopBack , the Rakuten-backed e-commerce loyalty platform, announced today it will acquire buy now, pay later startup Hoolah.
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.
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. Its play-to-earn business allows players to earn rewards by playing games like Axie Infinity, Townstar and Spider Tanks, and also get training from professional esports players.
Arcc, a coworking space in Singapore available for bookings on Deskimo. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more markets after Demo Day. Pricing ranges from about $2 to $4 USD per hour, with desks in central business districts typically costing more.
Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch.
Co-founded by Quah in 2019 to securely verify documents, Singapore-based Accredify announced today that it has raised $7 million in Series A funding co-led by iGlobe Partners and SIG Venture Capital with participation from returning investors Pavilion Capital and Qualgro.
The Singapore-based startup announced today it has raised an oversubscribed Series A of $8 million SGD (about $6 million USD) led by Qualgro, with participation from AC Ventures. Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets. TechCrunch+.
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.
By digitalizing the insurance work for insurers and intermediaries, its platform enables them to save time, focus on their clients and scale their business. . The company is currently operating its service in Singapore, but plans to enter other markets like Malaysia, Hong Kong and Taiwan, Gordon Tay said. . “We
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.
Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots was founded in 2017 as a surplus food marketplace for F&B businesses, before it expanded its business to include social commerce, too. About one-third of food produced in the world is never eaten.
The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. Since its seed funding, Tinvio says its client base has increased four times to over 5,000 businesses in Singapore, Indonesia, Thailand and other Asian markets. million seed round.
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.
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.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. ZEBOX CEO Gwen Salley told TechCrunch that along with access to mentoring, experts, business opportunities and funding, its incubator program gives startups opportunities to test their solutions and work with large corporations.
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. . Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’ To date, Volopay has raised approximately $31.4
The Singapore-based startup has raised $1 million in pre-seed funding led by Plug and Play APAC and Seed Capital, with participation from Earth Venture Capital and angel investor Alice Foo. Singapore-based AlterPacks turns food waste into food containers by Catherine Shu originally published on TechCrunch.
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.
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. It brings the startup’s total raised to $4.2
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Founded in 2013, the Singapore-based startup says its annual revenue and gross profits grew 2.5x
Two companies in the data business are teaming up, with Near announcing that it has acquired French startup Teemo. Near founder and CEO Anil Mathews told me that his company processes data around the online and offline behavior of 1.6 billion consumers each month: “We marry these two worlds and fill in the gap.”
In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” This brings Zenyum’s total raised so far to $56 million, including a $13.6
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.
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. Founded in 2018, Propseller will use its Series A to scale its business model, expand its offerings and enter overseas markets. co ,” said Jorge.
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. Image Credits: Raena. “Basically, you have to block your capital upfront.
SenseTime Group, an AI unicorn, is downsizing its office space in Singapore, moving from a prime downtown location to a smaller, more affordable office in a less central neighborhood, Bloomberg reported last Friday. The memo stated that the company will now focus on its core businesses, including AI Cloud and general vision models.
Luxembourg, Hong Kong, Singapore and Chile. The blockchain-enabled reporting tool also generates reports, giving companies the ability to demonstrate their ESG creds. DiginexESG is certified by the GRI, an international independent standards organization, and now operates in the U.S.,
Opened in October last year, the building is located in One-north, Singapore's technology and business hub. VR dev Kenji Iguchi (via Kotaku) highlighted Razer's new Southeast Asia headquarters in a tweet.
Suzanne Xie is the business lead for B2B payments at Stripe and a former SaaS founder. In a recent Stripe survey, 63% of B2B recurring revenue businesses said they were confident of their growth in 2023. In a recent Stripe survey, 63% of B2B recurring revenue businesses said they were confident of their growth in 2023.
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’s last funding round was $3 million announced in November. It now claims to be used by 6,000 companies in Singapore, the United Kingdom and Hong Kong, giving it $9.5 Singapore-based digital business assistant Osome raises $3 million. Ong, who joined as an angel investor.
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.
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