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SoCash turns shops into cheaper ATMs

15 May 2019

BANKS in Singapore spend about US$200 million a year on ATM maintenance, logistics, insurance, counting and cleaning cash, and a host of other expenses just to maintain circulation of physical cash, estimates Singapore startup SoCash. Helping banks to solve that multi-million dollar headache is the mission of SoCash, which is planning a US$8 million Series […]

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HappyFresh bags $20m in Series C round

22 April 2019

Indonesia-based online grocery platform HappyFresh raised US$20 million in a series C round led by South Korea’s Mirae Asset-Naver Growth Fund. The startup, founded in 2015, plans to use the fresh capital to expand further across Southeast Asia. It will also invest in developing its technology as well as scaling its data science and omnichannel tech teams. […]

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InstaReM Drives 24% YOY Volume Growth in South Asia Corridor

09 April 2019

Transferring money back home to India is now easier than ever. During a recent South Asia-focused briefing for media and community leaders, Mr Vinoth Manoharan, Country Manager of InstaReM, one of Southeast-Asia’s leading digital cross-border payments companies with a growing presence in Australia, revealed that focusing on customer experience and convenience has been integral in the […]

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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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The key traits of good VCs: Venture Voices

Sitting through meetings. Doing intensive research. Staying ahead of the curve. It takes a lot to be a successful venture capitalist, and only a rare few manage to identify startups that will make it to the big leagues—or even define the standards of new industries. In the first instalment of KrAsia’s “Venture Voices“, the question: […]

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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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