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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.
Nonprofits in North America, Europe, and Australia have a multitude of online fundraising services to choose from mostly thanks to their government’s efforts to build digital records and databases of legally verified nonprofits. Giving.sg (Singapore). BackaBuddy (South Africa). backabuddy.co.za. Donate-ng (Nigeria).
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.
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. Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the United Kingdom.
First created to give supply chain merchants a streamlined way to communicate with buyers, Tinvio is now preparing to launch financial services, including financing and credit card issuing. The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. million seed round.
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.
Being “underbanked” doesn’t mean that someone lacks access to financial services. 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.
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.
Propseller , a Singapore-based real estate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 During the pandemic, tech-enabled services like online dashboards and virtual viewings have allowed Propseller’s agents to continue working with clients.
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. .
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. .
Osome , a startup that combines multiple corporate services for SMEs into one “super app,” has raised a $16 million Series A. The Singapore-based startup’s last funding round was $3 million announced in November. The Singapore-based startup’s last funding round was $3 million announced in November.
Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. In addition, the fintech will bolster its sales and service teams. This has seen the fintech launch a total of 18 digital banking solutions across 17 countries. Image Credits: Meniga.
Despite banks’ digital transformation efforts, many haven’t made the switch successfully, he ardently claims. To his point, a 2022 survey found that — among banks and credit unions who believe they’re at least three-quarters through a transition to digital — less than 25% have seen a meaningful increase in revenue.
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.
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 Jenfi raises more funding for its “growth capital as a service” platform by Catherine Shu originally published on TechCrunch
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. In a statement, Maritime and Port Authority of Singapore chief executive Teo Eng Dih said, “Startups play a critical role in the transformation of the maritime sector by generating value through their innovative solutions.
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
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers. million USD in pre-Series A funding.
Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots also helps them digitize their operations through its app and onboard to TreeLogs.
Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. The startup kicked off operations in Togo in 2018 as a motorcycle ride-hailing service.
Over 229 family offices have been registered in Singapore since 2020, with total assets under management of an estimated $20 billion. This implies a substantial opportunity for investments to develop the region’s digital economy. Southeast Asia has become an attractive market for U.S. and Chinese tech firms.
BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants. and an Indonesian retail conglomerate. Rocketship.vc
Forto , a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. Forto will be using the new funding to accelerate the development of its supply chain management solutions by adding order management and value-added services.
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Early investors include the Baobab Network, an Africa-focused accelerator based in London, and Signal Hill, a Singapore-based fund manager that participated in its $5.5 The company is announcing a $10.5 million seed round last year.
Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. The company also offers three tools for working with customers. Coherent will focus on China and emerging markets in Asia.
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. .
These include Pintu , Syfe and Ajaib , all based in Indonesia; and Singapore-based Stashaway. We believe we have discovered a strong product-market fit in Singapore, growing by over $1 billion SGD in assets in 2021 alone.” Endowus, which launched full service less than two years ago, says it currently has $1.5
Prince describes BlockFi as a financial services company for crypto market investors that offers a retail and institutional-facing suite of products. Specifically, clients can buy and sell digital assets (from Bitcoin, Ethereum and Link to Litecoin, PaxG and multiple stablecoins) directly on BlockFi.
billion yen (approximately $32 million) in a Series A round led by Global Brain, with participation from ANRI, Digital Holdings, Yamauchi No 10 family office and World Innovation Lab (WiL). . The latest funding will help Josys speed up its overseas expansions, including Singapore, India, Australia, New Zealand, the U.K,
On Apriil 29 Microsoft and TechSoup held an NGO Connection Day at the Microsoft office in Singapore. TechSoup's partner NGO, the Hong Kong Council of Social Services , attended as well, giving local attendees a personal insight on how TechSoup's global network enables capacity and community building around the world.
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. The company has customers from across Southeast Asia, and is particularly focused on Singapore, Indonesia and Vietnam.
It currently has operations in in five markets: Singapore, Malayasia, the United Arab Emirates and Hong Kong, and is preparing to launch in Thailand. If you have less than $10 million to $15 million in wealth, the services you receive from private banks are not particularly sophisticated or personalized. and AutoWealth.
The latest to get VC recognition is KNN3, a Singapore-based startup working to help developers make sense of relational data across blockchains. This information is based on analyses of our digital footprint history. services and is now building a decentralized identity system using KNN3’s tech. In the U.S., In the U.S.,
billion new endpoints to Visa Direct ’s digital payments network. This enables many more consumers and small businesses to send funds to markets in Africa, Asia and Latin America, where digital wallets are often the default payment method. One of Thunes’ focuses is emerging markets where there are a lot of unbanked people.
The world of digital payments is very fragmented, with different types of online bank accounts, digital wallets and money transfer services used in different countries. For example, Western Union uses Thunes so it can move money into digital wallets and bank accounts. Our ambition now is if we have a large U.S.-based
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility.
CEO Florian Reuter tells us that live services are now two years out for the two vehicle models it has been developing. “Paris and Singapore are in pole position [as the first cities], where Paris wants to have electric air taxis established for the 2024 Olympics.
Arta is building the “digital family office for the world,” said Sengupta in an interview with TechCrunch. Sengupta said the startup plans to expand to many markets including Singapore and India over the coming years. Arta is going live with accredited investors in the U.S.
As cryptocurrency goes mainstream, attracting individual and institutional investors , digitally-savvy employers realize tokens are an increasingly attractive form of compensation, especially for their millennial staff. But paying employees in digital assets can create all sorts of administrative hurdles.
While restaurants are a central focus for the Take App service, the company also works with bakeries, grocery businesses, beauty salons, among others. While the core Take App service is free, the company also offers a bunch of premium features which includes things like advanced analytics, unlimited image uploads, and custom domain names.
is a venture capitalist investing in Silicon Valley and Singapore. So you have a great idea for a new mobile app or Web service—but you don’t know anything about coding or developing. What drives sales for online services and mobile apps? Eddy Lee, Ph.D, He is also a Consulting Assistant Professor at Stanford University.
Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers several consumer services, including food delivery, financial services, such as an e-wallet so that you can send and receive money. Ride-hailing and delivery company Grab has announced plans to go public in the U.S.
Clocr (Austin, Texas) — Clocr provides an all-in-one digital legacy planning and disbursement platform backed by patent-pending security. Crispify (Tel Aviv, Israel) — Crispify provides air-quality monitoring and management solutions for mobility-as-a-service fleets like Uber, Avis and Zipcar.
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