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 […]

Former executives of Fave, Joel Neoh and Audra Pakalnyte, have joined forces to launch First Move, an early-stage fund specifically focused on supporting startups that cater to consumers in Southeast Asia.  First Move has a backing of venture capital firm 500 Global and in collaboration with the Consumer Tech Angel Syndicate, a close-knit group of […]

Thailand’s artificial intelligence (AI)-powered digital lending platform, MONIX Co., LTD., has announced that it successfully secured $20 million in the first close of its pre-initial public offering (IPO) fundraising. With the addition of $20 million, the company now has an aggregate funding of $40 million. In a statement, MONIX said that the support that they […]

Funding Societies | Modalku, Southeast Asia’s largest SME digital financing platform, today announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date (YTD) 2022. The fintech firm said it looks to expand its reach to financing SMEs in new business […]

Fraction, a Hong Kong and Bangkok based fintech startup, announced that it has secured US$3 million in a pre-series A round led by East Ventures, with participation from Emtek Group (Grab, Bukalapak), Thakral Limited, V Ventures, and a group of regional investors. The raise follows its award of Thailand’s ICO Portal License (subject to activation […]

Singapore-based FinTech startup Brankas has raised US$20 million in funding in a Series B round led by Insignia Venture Partners along with participation from AFG Partners, Visa, and Treasury International. Existing investors Integra Partners and Beenext also joined the round. With this fresh funding, Brankas will scale its network and expand its product menu of […]

Ascend Money, Thailand’s digital payment firm, has become the country’s first fintech unicorn, after raising $150 million in a funding round that valued the company at $1.5 billion, according to a statement. The latest funding round was led by US-based investment firm Bow Wave Capital Management and backed by existing investors CP Group and Ant […]

Indonesia-based P2P lender Modalku has collaborated with BukuWarung, a bookkeeping and digital payments platform to support its 6.5 million MSME users. According to Iwan Kurniawan, Modalku’s Co-Founder& COO, this collaboration is to offer access to financing services to MSMEs for the procurement of goods and services and to help positive business flow. He also added […]

QueQ Thailand is a free mobile app which can help users to do away with lines and unnecessary waiting time at restaurants or retail outlets by bringing the queue to your smartphones. QueQ Thailand allows users to book for queues for their destination from as far as 2km or at a distance of their preference. […]

Choco CRM Thailand company provides a digital platform for running a better business to their clients. The Choco CRM gives a running platform to small and medium scale entrepreneurs to compete with large scale operators and exponentially raise their competitive ability to equally big players in the business market. The company strongly believes that any […]