Investment
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Vietnamese proptech startup Rever receives US$2.3 million from GEC-KIP Fund
Rever operates a digital platform that facilitates the brokerage of real estates.
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Indonesian fintech startup Kredivo raises US$20 million credit line from PFG
4/9/2019 – Kredivo, a digital credit platform headquartered in Jakarta has raised a debt financing from venture debt firm Partners for Growth to fund loans for retail borrowers across Indonesia. The partnership between the two…
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Singapore Blockchain Payments Startup Terra secures investment from HashKey Capital
HashKey Capital is an affiliate of Hong Kong fintech company HashKey Group.
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Malaysia’s New Startup Incubator Nexting Ventures Establishes $380K angel funding
Nexting Ventures has also developed four startups in-house, which are Lifyn, Vision Building, Next Pictures, and Pinnacle Living.
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Vietnam’s Nexttech Group sets up US$10 million funds for early-stage startups
The main purpose of the fund is to provide coaching for startup founders so they can raise larger rounds of capital from other local and international investors.
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Food-tech firm Nutrition Technologies closes US$8.5M Series-A
The food-tech firm creates insect-based feed ingredients and organic fertilizers.
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Indonesian State Lender BNI plans US$50 million vehicle to invest in LinkAja
LinkAja is an integrated e-wallet service created through a merger of e-wallets from telco firm Telkomsel and lenders Bank Mandiri, BRI, and BNI.
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Digital streaming service Iflix secures new funding
The final size of the funding was undisclosed, but the total is well over US$50M.
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Thailand’s Kasikornbank partners Vietnam incubator to grow regional startups
The partnership between Kasikornbank and Vietnam’s Business Startup Support Center will promote cross-border expansions of fintech and e-commerce ventures.
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Novena Global, Sinopharm, and Cedarlake establish US$150 million Sino-Singapore Healthcare Fund
Novena Global also secures US$20 million in funding from Sinopharm and Cedarlake for its China and Southeast Asia expansion.
