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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.

Asia 98
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Eazy Digital helps Southeast Asia’s small insurers digitize their operations

TechCrunch

Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digitize many parts of their operations, enabling them to scale up more efficiently.

Digital 81
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Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

TechCrunch

Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.

Thailand 103
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Peeba raises $4.2M to digitize Asia’s B2B wholesale market  

TechCrunch

The new round of funding brings its total raised to $5.8 We digitize new brand discovery, automate the negotiation and client management process, and streamline logistics and shipping by pooling orders,” Cho said. Wholesale marketplace Abound raises $22.9M. The startup has secured $4.2

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Malaysia-based Poladrone raises $4.29M seed round to protect crops

TechCrunch

The company announced today it has raised a $4.29 million seed round led by Wavemaker Partners, which it says is the largest seed round ever raised in Malaysia, based on data from Crunchbase. Based in Kuala Lumpur, Poladrone wants to change the way farms use pesticides with a combination of drones and automation and analytics software.

Malaysia 109
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Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B

TechCrunch

Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015.

Asia 99
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Edupia raises Series A to close the education gap in Vietnam

TechCrunch

The startup announced today it has raised a $14 million Series A led by Jungle Ventures with participation from eWTP Capital (a venture fund under Alibaba and Ant Financial) and ThinkZone Ventures. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.

Vietnam 98