News

SoCash, a Singapore based fintech announced today that it has raised US$ 6 Million in its Series B funding round led by Japan based cashed automation player Glory Ltd and participated by Standard Chartered’s SC Ventures alongside Vertex Ventures. SoCash’s services enables consumers to withdraw cash and apply for loans via its mobile app at […]

Roshni Mahtani is ecstatic that her venture theAsianparent has just closed an “8-figure US dollar” Series C funding from some of the world’s leading names, including JD.com, Fosun — a rare feat in a highly-competitive digital media industry. After gaining a wide acceptance in Southeast Asia, the parenting portal is now setting its foot in South Asia and Africa, […]

FINTECH soCash has tied up with ICBC (Industrial and Commercial Bank of China) Singapore to extend its services to ICBC customers, enabling them to perform basic banking services like cash withdrawal from neighbourhood shops using the soCash app. It adds ICBC to a list of partner banks that already includes DBS, POSB and Standard Chartered. […]

Mumbai: InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast Asia, Europe and the Americas, has announced a partnership with The Root Academy (R66T Academy), the cricket coaching academy founded by the family of the England test cricket captain, Joe Root. The partnership – which is being announced as […]

Singapore cross-border payments start-up, Instarem, is preparing to apply for a digital banking licence in the city state, and are currently seeking banking partners to achieve this. According to Bloomberg, the Monetary Authority of Singapore (MAS) will grant as many as two digital full-bank licenses and up to three digital wholesale bank licenses. Singapore Telecommunications, […]

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 […]

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 […]

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 […]

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 […]