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Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

TechCrunch

Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount, Crypto.com said. .

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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

TechCrunch

Zipmex , a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. The funding will be used on hiring and to add more product offerings.

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South African digital bank TymeBank lands $109M from UK and Philippines investors

TechCrunch

The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6

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Investment app Syfe raises $30M Series B led by returning investor Valar Ventures

TechCrunch

Now Singapore-based Syfe is announcing that it has closed a $30 million Series B, only nine months after its Series A. Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 Most of my career has been within Hong Kong, Singapore and parts of India. million led by Valar Ventures.

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Shein relaunches in India, is this a signal of India’s shift in digital diplomacy?

TechNode

It is uncertain what has made the relaunch possible: a thawing of digital relations, or simply the passing of time in a digitally fractured and fast paced geopolitical environment? Context: Indias push for data localization has been a cornerstone of its digital regulatory framework.

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Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group

TechCrunch

Based in Singapore, Xfers will serve as the B2B and Southeast Asia arm of Fazz Financial Group, while Payfazz, which already uses Xfers’ payments infrastructure, will continue expanding in Indonesia. Payfazz uses payment infrastructure developed by Xfers to accept digital payments. ” Singapore-based Xfers Lands $2.5M

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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

but also in France, Brazil, Singapore, Hong Kong, etc. And it turns out you need cash on your balance sheet in the Philippines if you want to get a license from the local regulator — it doesn’t matter if you have a ton of money sitting in your bank account in London. But we generate double-digit million dollars,” Pousaz told me.

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