Finance
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Lazada, Citi teams up for Southeast Asia’s first e-commerce credit card
Malaysia is the first country in the region where the card is launched.
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Capital markets platform iSTOX secures Series-A funding
iSTOX is planned to be fully operational in 2020.
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Kenanga Investors announces launch of unicorn-focused fund
The fund will feed into the target fund Ericsenz-K2 Global Unicorn Fund.
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East Venture Leads Series A Funding Of Trading Platform Stockbit
Stockbit is an Indonesian based stock investing app targeting millennials.
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Malaysian Fintech Startup MoneyMatch Granted Remittance License
The startup has expanded into a 50-person team and processed a total amount of transactions of more than MYR450M ( ~US$109M).
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Cambodian Fintech DIGICRO Raises US$300K From Seed Funding
The funding is led by Japanese venture capital, Showcase Capital.
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Singapore fintech startup raises US$29.5 million funding from Malaysian RCE Capital Berhad
Funds will be used to build the startup’s operational capabilities.
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Microfinance lender MFIL adds on US$1 million debt from Maybank
MFIL will use the proceeds from the US$1 million equivalent loan to expand its business and loan portfolio.
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CIP to divest 65 percent stake in LMG Chemicals, its manufacturing and distribution subsidiary
CIP has long been attempting to sell the shell company of LMG.
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Sequoia China, CMC Holdings to establish sports investment fund
Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two VC firms said today, that the fund has completed its…
