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The company announced today it has raised a $25 million Series B from Illuminate Financial, AFG Partners and Winter Capital. This brings Osome’s total raised since it was founded in 2017 to $51 million. Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the United Kingdom.
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.
Both companies are based in Singapore and operate in Southeast Asian markets. After the merger closes, ShopBack will own all of Hoolah, but the BNPL service’s brand, app and website will continue to operate as before, ShopBack founder and chief executive officer Henry Chan told TechCrunch.
Homage , the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Homage currently operates in Singapore, Malaysia and Australia. It brings Homage’s total raised to more than $45 million.
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 This time it’s $35 million with new investors, including Citi Ventures and MUFG Innovation Partners, bringing the company’s total raised so far to $95 million.
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.
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 Propseller’s last funding announcement was in December 2018, when it raised SGD $1 million (about $737,000) in seed funding. million in seed funding.
Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Mental health startups are raising spirits and venture capital.
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. CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. This will include the launch of “credit cards as a service” in the U.S. Railsbank is a utility for the complete financial services backend: platform, connectivity, operations, scheme memberships (e.g.
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. It will start raising a Series A next year.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 STACS participated in Tribe last year, along with Project Ubin, the Monetary Authority of Singapore’s blockchain-based multi-currency payments network initiative. million USD in pre-Series A funding.
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.
Aspire , the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. TechCrunch last covered Aspire when it raised its Series B in 2021. TechCrunch last covered Aspire when it raised its Series B in 2021.
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 million in pre-Series B funding, led by Headline Asia. Jenfi absolutely stood out to us.
Ordinary Folk , a Singapore-based telehealth startup dedicated to men and women’s health issues, has raised $5 million in pre-seed funding from Monk’s Hill Ventures. The funding will be used for hiring and expand into Hong Kong while scaling in Singapore.
Being “underbanked” doesn’t mean that someone lacks access to financial services. 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.
The company has raised a $1 million seed round to enhance its platform and scale in Asia. 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 India’s insurance platform Turtlemint raises $30 million.
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.
In total, Alerzo has raised more than $20 million since its launch. 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 FJ Labs and several family offices from the U.S., million seed round last year.
Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. BasicBlock , which took part in ZEBOX America and has i raised more than $78 million in funding, automates invoices and develops financial products for the freight industry. Both of these took part in ZEBOX France.
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. . To date, Volopay has raised approximately $31.4 Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’
Intellect , the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The round, which Intellect claims is the largest Series A ever raised by a mental health startup in Asia, was led by HOF Capital.
Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . Southeast Asia-based mobile listings startup Carousell raises $85M.
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. This brings Syfe’s total raised so far to $52.4 Syfe founder Dhruv Arora.
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. In total, the multi-vertical application has raised over $12 million.
Malvern, Pennsylvania–based Savana, a company building financial software products for legacy banks, today announced that it raised $45 million. A glimpse at Savana’s service management dashboard. Image Credits: Savana. The] turnkey, end-to-end platform is pre-configured with hundreds of APIs enabled.”
ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Ethereum wallet imToken raises $10M Series A from IDG to expand in the US, Asia and Africa. Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B.
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.
Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Based in Singapore, Speedoc was founded in 2017 by Dr. Shravan Verma and Serene Cai. Its services include telemedicine consultations, on-site doctor and nurse visits, virtual hospital wards and ambulance hailing.
Lynk , the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. Lynk, a “knowledge-as-a-service” platform with more than 840,000 experts, raises $24 million.
Zipmex , a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. Along with earlier funding, it brings the total Zipmex has raised so far to $10.9 The exchange is regulated in Singapore, Australia and Indonesia, and licensed in Thailand.
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. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.
Singapore-based Deskimo , the on-demand app that lets people find co-working spaces and pay by the minute, announced today it has raised a $3 million seed round. It is also soft launching in Jakarta, bringing its total markets to three, along with Singapore and Hong Kong.
Entrepreneurs and small and medium enterprises (SMEs) often struggle to deal with several siloed functions, such as company secretary, bookkeeping, banking, tax, payroll, employment services, insurance and more. It brings Sleek’s total raised to $24 million. Corporate services “superapp” Osome lands $16M Series A.
Singapore-based Next Gen Foods will bring its plant-based chicken alternative to the United States after raising a $20 million seed extension. The first $10 million was already the largest seed funding ever raised by a plant-based food tech company, based on data from Pitchbook, and now the round totals $30 million.
The Parentinc , a Singapore-based startup that runs a parenting community and direct-to-consumer product line, announced today it has raised $22 million. TechCrunch last covered the company in 2019 when it raised its Series C. Roshni Mahtani Cheung, group CEO and founder of The Parentinc.
India’s Decentro , the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 The Series A round of Decentro is led by Rapyd Ventures, the venture arm of the UK fintech-as-a-service giant , along with participation from Leonis VC and Uncorrelated Ventures.
Forto , a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. It’s now raised $103 million since its launch in 2016. PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry.
Its latest round will be used on developing and launching new products, hiring and increasing Bibit’s financial education services. Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India. Ajaib raises $65M Series A extension led by Ribbit Capital, increasing the round’s total to $90M.
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. Today Propseller announced it has raised $12 million in Series A funding led by Vertex Ventures Southeast Asia and India. . co ,” said Jorge.
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster child of the Indian startup ecosystem moves closer to listing in the public markets. billion capital it is looking to raise from the IPO. to $28.85).
Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter. Singapore’s Temasek is also holding conversations, the people said.
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