Indonesian crypto wallet, trading platform Pintu scores US$113M Series B
Investors include Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital; Since its launch in April 2020, Pintu claims over 4M users have installed its app, up from 500,000 in May 2021.
How CoinDCX aims to be India’s gateway to the broader global crypto ecosystem
CoinDCX, a unicorn crypto exchange with 12.5M+ users, recently launched CoinDCX Ventures to nurture the crypto and Web3 industry in India and beyond; In April, it closed over US$135M in Series D round.
Vietnamese blockchain gaming guild Ancient8 nets US$6M
Investors include Makers Fund, C² Ventures, Pantera Capital, 6th Man Ventures, IOSG Ventures, and Play Ventures;
Ancient8 helps GameFi studios identify high-quality gamers and run Web3-native targeted advertising.
Request Finance raises US$5.5M to simplify enterprise crypto payments
Investors include Animoca Brands, Balderton Capital, and XAnge; Request Finance aims to simplify and automate invoicing, expenses, payroll, and accounting in crypto for more than 1,900 Web3 teams.
All hands on deck: How Iron Sail strengthens blockchain gaming ecosystem through collaboration
Launched in October 2021, Iron Sail results from a partnership between blockchain-based game hub Whydah and seven local gaming studios.
How the metaverse opens new opportunities for education
Education in the metaverse will be more democratised, the academic curriculum will be more equitable and open.
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Singapore fintech Capital C scores US$54M in fresh funding
Investors are Phillip Capital, Luminor Capital, Paradise Group, and Citystate Group; Capital C’s products include individual financing, SME financing, vehicle financing, and BNPL.
StashAway lays off 14% of staff
The robo-advisor StashAway has cut 31 staff members across five markets; The layoffs come after the company raised US$25M in a Series D funding round led by Sequoia Capital India in April last year.
Tiger Global-backed Lummo cuts 150+ employees
Inc42 previously reported that the company had let go around 100 to 150 employees in Indonesia as well as around 50 to 60 people in India; Lummo has two apps under its umbrella: LummoShop and bookkeeping app BukuKas.
iPrice Group lays off 20 per cent of employees
The layoffs are part of the group’s several measures to focus the business on its core mission, “to help people save money” shopping online; The decision comes three months after iPrice closed a US$5M from Itochu and KDDI Corporation.
Indonesian fintech startup Aino aims for IPO in 2023
The firm has raised an undisclosed sum in pre-Series B from Japan’s TIS Inc and Nippon Keei; It raised US$4M Series A from TIS in 2019; Aino provides digital payment methods in a number of sectors, especially public transport operators.
Why global investors are eyeing China’s EV landscape
Despite facing overcapacity issues, local electric vehicle startups have mushroomed in the country; Around 500 EV startups had been established in China by 2019, including some 300 EV makers.
Omnistream closes US$7M Series A for global expansion
Investors are SIG Venture Capital, Delivery Hero Ventures, Spiral Ventures, and Wavemaker Partners; Omnistream helps retailers optimise their physical footprint by generating store-level planograms that optimise assortments for hyperlocal demand.
Razer Fintech acquires E2Pay to further expand into Indonesia market
E2Pay provides a wide range of payment solutions to merchants and financial institutions, including payment gateway, e-money, and remittance services licenses in Indonesia.
watchTowr can tell an organisation in real-time if it can get compromised
The Singaporean cybersecurity startup bagged a US$2.25M seed funding from Paul Allen’s Vulcan Capital and Wavemaker Partners in Feb 2022.
China mulls giving Ant Group second shot at IPO
The authorities are also close to granting the group a license that could pave the way for it to revive its listing plans and be regulated more like a bank.
Salary Hero raises US$2.8M to bring financial wellness to Thailand through EWA
Investors are Global Founders Capital, M Venture Partners, 500 TukTuks, 1982 Ventures, and Titan Capital; Salary Hero integrates and works directly with employers to provide earned wage access and financial wellness products.
Binance to expand operations in the Philippines
Binance is planning on financing traditional Philippine financial firms – such as payment service providers and banks – to help bring those businesses into the blockchain world.
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Copyright: samwordley
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