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Roundup: Beenext invests US$500K in India’s Cube Wealth; Homage launches new home-based medical services

Healthtech startup Homage launches home-based medical services Homage Health

Singapore-based Homage Health has launched a new home medical services offer that includes mobile medicine, tele-consultation, and medication delivery for families and care recipients.

The new offer has been built on top of Homage Care, which includes its core nursing, caregiving and rehabilitation services.

The new services were added after the startup observed a spike in inquiries from existing care service recipients on the availability of medical tele-consultations and home medical services, as families increasingly look for options to minimise infection risk during the COVID-19 pandemic.

Gillian Tee, Co-founder and CEO of Homage, said that as part of providing a holistic healthcare experience, existing trained Homage caregivers and nurses can be engaged to provide in-person support to seniors to carry out tele-consultations with doctors.

Homage Health provides access to local doctors, all of whom undergo a stringent selection process, and are registered with the Singapore Medical Council.

All doctors on Homage’s platform have also received training on Singaporean telemedicine guidelines. Users can consult a doctor anytime through video consultations to diagnose common acute conditions such as colds and saw allergies, or when medication refills are needed.

Grab releases Mastercard-powered GrabPay Card in Philippines

Grab has launched the GrabPay Card in the Philippines, a digital-first prepaid card powered by Mastercard.

This extends GrabPay’s reach globally with online payments and expands rewards ecosystem to bring the convenience of cashless payments to more Filipinos.

GrabPay Card supports the ride-hailing giant’s direction to promote safer payments by doubling down on cashless services that help curb the spread of the virus.

The GrabPay card is launching today with a digital version that gives the user complete control via the Grab app.

The features include secure cashless payments, online payment, GrabRewards, mobile protection insurance, as well as e-commerce protection that allows users to receive coverage for online transactions in the event that a wrong and/or defective item is delivered, and incomplete or non-delivery of the item.

Beenext invests US$500K in Indian fintech firm Cube Wealth

Cube Wealth, a digital wealth management service in India, has raised US$500,000 in funding from Singapore-based venture fund Beenext and Japan-based Asuka Holding.

Also Read: Caregiving provider Homage secures Series B funding from EV Growth, to launch personalised healthcare service

Cube Wealth is led by Satyen Kothari, founder of Mumbai-based payments firm Citrus Pay.

According to VCCircle, the company will use the funds to expand its engineering team and marketing.

Cube Wealth was launched in June 2018 to help users get investment advice from experts through its iOS and Android apps.

It also runs a new cross-border software service and marketplace called Cube Cloud that seeks to help fund managers in India with a full-stack cloud-based marketplace to access capital from investors across 50 countries.

The platform handles everything from marketing to information and capital tracking to regulatory permissions and compliance.

Currency exchange app Fincy launches in Singapore

Fincy​, a mobile app that facilitates contactless currency exchange across Asia, has forayed into and established its global headquarters in Singapore.

Led by GBCI Ventures, Fincy’s expansion serves as a strategic base for growth across Asia.

Fincy was founded in 2019 by co-founders Douglas Gan, Vanessa Koh, and Lim Ming Wang targeting business travellers.

The app allows users to top up their multi-currency wallet via local bank transfer and then enables currency exchanges at the best possible rates and with transaction fees as low as zero per cent.

Also Read: CurrenSeek helps travellers find the best currency exchange rates

This contactless approach is already being utilised in Myanmar’s Yatai City, a smart city powered by the same Building Cities Beyond (BCB) blockchain protocol upon which Fincy is built.

In Yatai City, Fincy is the exclusive provider of financial infrastructure to 40,000 residents, allowing them to make purchases, perform transactions, receive salary, and manage their money without the need for physical contact.

Fincy is also providing contactless mobile payments in Phnom Penh, Cambodia, where it is a fully licensed money app accepted at more than 700 merchants and used by over 40 companies for payroll.

Photo by Hush Naidoo on Unsplash

The post Roundup: Beenext invests US$500K in India’s Cube Wealth; Homage launches new home-based medical services appeared first on e27.