The buy now, pay later (BNPL) sector has seen a recent resurgence in activity, with new players entering the market and investment pouring in. In Southeast Asia, BNPL payments are projected to reach US$232.5 billion in 2024. Adding to this momentum, Philippine BNPL provider BillEase has secured a US$5 million investment from Saison Investment Management […]

Bridgewise, an AI-based platform for analyzing global securities, has concluded a $21 million funding round led by SIX Group, with additional support from Group11, L4 Venture Builder, and other major financial institutions. This funding round brings Bridgewise’s total raised capital to $35 million. With its recent establishment of the Asia Pacific headquarters in Singapore and […]

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 […]

EduFi, a fintech startup headquartered in Singapore, has raised $6.1 million in a pre-seed funding round. Zayn VC leads the investment and contributions from Palm Drive Capital, Deem Ventures, Q Business, and angel investors.  Operating from Singapore, the startup is dedicated to simplifying the loan application process providing crucial financial support to students pursuing higher […]

The Singapore-based tech subscription service Circular has secured $7.6 million in seed funding. The funding round was led by venture capital firm AirTree Ventures from the investment landscape. Additional participants in the round included YC Continuity Fund, Global Founders Capital, Partech Ventures, and January Capital.  Circular operates as a high-end electronics subscription platform catering to […]

The Southeast Asian fintech startup has been a dynamic landscape, with countries like China, India, Singapore, and Indonesia emerging as fintech hubs, each with unique strengths and focus areas. Besides, governments across Asia actively work on fintech regulations to balance innovation and consumer protection. In 2023, the industry attracted substantial investments, with strong financial inclusion […]

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 […]

Sunrate, a global smart payment and treasury management platform, has successfully raised an extended Series D (Series D-2) funding round from Peak XV Partners, formerly Sequoia Capital Southeast Asia. The round included  Prosperity7 Ventures and Softbank Ventures Asia.  Sunrate’s recent series D2 funding round has provided the necessary financial impetus for the company to further […]

Singapore-based financial analytics platform Bunker has successfully raised over US$5 million in pre-seed and seed funding from a group of regional investors. The funding round was led by Northstar Group, Alpine Ventures, Patamar Capital and January Capital along with GFC, Money Forward, Alpine Ventures, Patamar Capital and nine angel investors and nine angel investors. The […]