Singaporean fintech enabler Fluid has successfully raised $5.2 million in Series A funding, spearheaded by Insignia Ventures Partners. The funding aims to strengthen Fluid’s business-to-business purchase financing solutions. Fluid Series A round, led by Insignia Ventures Partners, is vital for the Singapore-based startup, known for its flexible B2B purchase financing platform. This latest investment follows […]

Singapore-based UnoAsia, the parent company of Uno Digital Bank in the Philippines, has completed a pre-Series B funding round, securing $32.1 million in investment. The funding, comprising equity and debt, was led by Gateway Partners, Creador Private Equity, and Nextinfinity Management. With this latest round, UnoAsia has raised approximately $75 million.  This funding injection will […]

Transparently.ai, headquartered in Singapore, has secured an investment from Franklin Templeton as part of its entrance into the asset manager’s FinTech Incubator program. The investment comes as the AI company, specializing in identifying accounting fraud, announced its successful pre-Series A funding round of US$3 million. With a focus on combating financial crime, the collaboration with […]

Hong Kong-based startup MediConCen, specializing in automating insurance claims through AI and blockchain, has secured $6.85 million in its latest Series A round. HSBC Asset Management led the investment, joined by existing backers G&M Capital and ParticleX and new investor Wings Capital Ventures.  This funding round brings MediConCen’s total raised capital to $12.7 million, fueling […]

India-based fintech firm FinAGG Technologies has secured $11 million in its Series A funding round to expand in the MSMEs’ fintech space. The investment was co-led by global impact investment manager BlueOrchard and Tata Capital Limited.  The Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners also participated. In addition to […]

The European Investment Bank (EIB) Global has committed to investing up to $40 million in the private equity fund Amicus Capital Partners Fund II, focusing on supporting small and medium-sized enterprises (SMEs) across various sectors in India.  Kris Peeters, Vice-President of the EIB, and Mahesh Parasuraman, Partner and Co-founder of Amicus Capital, officially announced the […]

Atome Financial has recently announced the renewal of its $100 million debt facility in collaboration with HSBC Singapore to expand its operations in the Philippine market.  The collaboration not only facilitates the company’s expansion endeavors but also leverages the global network, regional footprint, and banking expertise of HSBC Singapore to amplify Atome’s reach and impact […]

Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the sole investor. The exact amount of funding raised in the round has not been disclosed. Orderfaz, a recently established fintech startup, focuses on serving the […]

Indonesian startup, Finfra, has secured $1 million in new funding to expand its embedded finance offerings. The funding round saw participation from several prominent investors, including DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund, and Hustle Fund The startup plans to utilize the recently raised $1 million funding to focus on […]

Singapore’s Monetary Authority (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between the two countries, enabling customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes. The payment linkage will allow for in-person payments through the scanning of physical QR codes displayed […]