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Binance’s Singapore Fiat-to-Bitcoin exchange is launching next week

17 April 2019

Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe. “Next week we […]

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Warung Pintar’s co-founders listed on Forbes 30 Under 30 list

02 April 2019

We are happy to announce Warung Pintar’s co-founders, Agung Bezharie, Harya Putra and Sofian Hadiwijaya, have been listed on Forbes 30 Under 30 list under the Asian Retail and Ecommerce category. The founders believe micro businesses will drive Indonesia’s economic growth for the foreseeable future, and have created over 1200 kiosks across the country which are operated […]

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Payfazz co-founders listed on Forbes 30 Under 30 list

We are pleased to announce Payfazz co-founders, Hendra Kwik, Jefriyanto and Ricky Winata, have been listed on Forbes 30 under 30 list, under the Asian finance and venture capital category. In 2016 Hendra Kwik, Jefriyanto and Ricky Winata cofounded Payfazz, a fintech platform that aims to to achieve financial inclusion for unbanked residents in rural Indonesia. […]

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GET’s founder, Daniel Liang listed on Forbes 30 Under 30 list

We are pleased to announce Get’s co-founder, Daniel Liang, has been listed on Forbes 30 Under 30 list in the Asian Consumer Technology category.  Originally branded as Qnect when it was founded in 2016, Get is a purchase-sharing social networking service with the capability of digital payment. In October 2018, Get raised $2.5 million in […]

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TurnKey Lender enters Malaysia with office in Kuala Lumpur

20 March 2019

TURNKEY Lender announced the opening of a new office in the capital of Malaysia, Kuala Lumpur. Its main goal will be to physically represent TurnKey Lender and support the company’s operations in Asia. The company plans to involve local professionals to provide technical support to the clients, streamline local and global business development, and fuel […]

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InstaRem closes U$41m Series C

19 March 2019

Digital cross-border payments company InstaReM has bagged $52.4m (US$41m) in a series C funding round led by Singapore-based Vertex Growth Fund along with its new investor Atinum Investment, a venture capital firm from South Korea. According to an announcement, this latest round takes InstaReM’s total funds secured to US$59.5m, making the Singapore startup one of […]

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Turnkey Lender raises new round led by OSK

06 March 2019

Malaysian private equity firm OSK Ventures International has led an undisclosed sum Series A1 funding round in Singapore-based fintech company TurnKey Lender. Vertex Ventures’ fund for Southeast Asia and India and Western NIS Enterprise Fund also participated in the round. Vertex Ventures had invested $2 million in the startup in 2017. The investment will be […]

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Warung Pintar acquires LimaKilo

01 March 2019

Indonesian micro retail-tech company Warung Pintar has acquired local agtech startup Limakilo, a platform that simplifies the food supply chain by connecting farmers to food stalls and vendors. The acquisition will enable thousands of Warung Pintar stalls to have direct access to sell staple food items at their digital-based stalls, according to an announcement. “High […]

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Validus raises S$20.5m in Series B funding

27 February 2019

Singapore-based peer-to-peer lending platform Validus Capital has secured S$20.5 million in a Series B funding round led by Dutch development bank FMO. According to media reports, Validus plans to utilise the new funding for product development and in new technologies including artificial intelligence. Additionally, the company plans to expand its services to Indonesia and Vietnam. […]

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soCash is expanding to Malaysia to provide greater access to cash

26 February 2019

Cash will continue to play an important role in Malaysia, even as regulators, consumers and retailers join the ongoing movement to become a cashless society. In an interview with The Edge Malaysia Weekly, Hari Sivan, founder and CEO of fintech start-up soCash commented: “In fact, consumers will increasingly seek convenient access to cash because banks […]

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