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 […]

Venture capital firm 500 Global has successfully closed its 500 Southeast Asia III fund, amassing $143 million in capital. It is the firm’s largest early-stage fund dedicated to Southeast Asia. It serves as its primary investment vehicle for startups throughout the region’s growth journey, from pre-seed stages to the cusp of initial public offerings (IPOs). […]

In its recent Series A funding round, Vietnamese fintech platform MFast has successfully raised US$6 million. Wavemaker Partners, an early-stage venture capital firm with offices in Los Angeles and Singapore, led the funding. New investors include Headline Asia, based in Tokyo, and Finnoventure Fund I. MFast operates under the umbrella of Vietnam-based startup DigiPay. The […]

Singapore-based Solar AI Technologies has successfully secured a seed funding round of US$1.5 million, with Earth Venture Capital taking the lead, accompanied by participation from Undivided Ventures, Investible, and climate-tech angel investor David Pardo.  The capital injection is set to predominantly fuel the expansion of its rent-to-own (RTO) solar initiative within Singapore, with subsequent plans […]

The Philippine venture capital firm Kaya Founders has successfully raised $12 million in funding for two new funds. The Gokongwei family played a key role in anchoring the funding round, which also saw participation from institutional investors, family offices, high-net-worth individuals, and renowned entrepreneurs. With this funding, Kaya Founders now manages a total committed capital […]

Philippine-based telecommunications company PLDT announced that it is investing $80 million in the Apricot cable system to further expand its network bandwidth capacity with eyes on drawing global hyperscalers. In a statement, PLDT said Apricot, the newest international undersea cable system, will boost its network capability to service the country’s growing data traffic driven by […]

The Asia Pacific region has gained attention from venture capitalists and investors over the last few years. As a result, there has been a sudden boom in the startup ecosystem in Asian countries. The best cities for startups in Asia have world-class infrastructure, robust economy, political stability, sound investor-friendly economic policies, rich human capital, and […]

With a developing passion for offering people with accessible choices, a start-up took bold measures in imbibing technology to deliver in what it desires to. Valuing people is one quality that plays a major role in business and the prime aim is to leave the customers satisfied and safe with the concern. Such is the […]

Staying away from family is one terrible experience. With that is the mode of sending money to a family who lives far away from us. But nothing is harder than sending money over longer distances. Thus started the banking experience of sending money through SendFriend. SendFriend is a cost-effective and user-friendly way to transfer money […]

Kumoten is Southeast Asia’s largest drop shipping platform based in Malaysia with more than a million products in its inventory. According to Kumoten’s CEO and co-founder Issac Leong, e-commerce is growing swiftly in Southeast Asia and drop shipping harmonizes with this progress. If you are planning to start an online retail business and are worried […]