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Instarem to deliver cross border payment with Kbank

29 May 2019

Thailand’s KASIKORNBANK (KBank) has chosen InstaReM to power cross-border payments for the bank’s clients across select markets. KBank clients will be able to realize faster turnarounds, while providing certainty on delivery times and payout amounts. Silawat Santivisat, Senior Executive Vice President of KASIKORNBANK, said, “This is an important partnership for KBank at an exciting stage […]

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Glowroad raises $11.5mil

Bengaluru-based social commerce startup GlowRoad has raised $11.5 Mn in a Series B+ funding round. Talking to Inc42, Kunal Sinha, co-founder and CEO, GlowRoad said South Korea-based Korea Investment Partners (KIP) and Singapore-based Vertex Ventures are part of the investment. The company had recently raised $10 Mn in Series B from Accel Partners and CDH […]

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Tickled Media: The Tickled Effect

15 May 2019

In just a decade, Roshni Mahtani, has achieved what many can only dream of – a successful tech media company that is taking a leap into the world of e-commerce. Starting off as a platform for parents to talk about ‘real’ parental issues and not mundane discussions on blues and pinks, she has now set […]

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Patent database could hold secrets to future of mobility

Keeping abreast of industry trends is vital to ensure that precious time and money is spent wisely. If new technologies and business models are snapped up by the competition, it could also result in companies being left behind. While the automotive industry has long used traditional market intelligence to forecast where things are headed, intellectual […]

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SoCash turns shops into cheaper ATMs

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. Singapore-based fintech startup soCash has received a government grant of an undisclosed sum from Singapore’s central bank, the Monetary Authority of Singapore (MAS). […]

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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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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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How Licious is grabbing a big bite of the $30B Indian meat market

15 April 2019

India consumes meat worth around $30 billion every year and the demand is only expected to grow faster driven by economic growth, rising per capita income, urban trends, and a rise in the awareness of the nutrition provided by meat and related products. However, 90 percent of this demand has been primarily addressed by the unorganised […]

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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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