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Chinese installment payment platform Fenqile to plan US$600 million IPO
Chinese installment payment platform Fenqile is planning to raise around US$600 million via its initial public offering (IPO), securing capital to go up against its biggest rival Qufenqi.
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MAS and Abu Dhabi Global Market in collaboration to boost fintech innovation
The Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM) on Wednesday signed an agreement to foster closer cooperation on developments and initiatives that nurture financial technology entrepreneurship and support innovation in…
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An application to browse apps, AppBrowzer secures US$500K led by Deepak Gurnani
Bangalore-based Roid Technologies, the company operating AppBrowzer – an application to browse apps- has raised US$500K led by Deepak Gurnani, a member of Singapore Angel Network with participation from a group of angel investors.
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Japan’s sports entertainment startup Ookami raises Series A from IMJ Investment, GREE Ventures, others
Japanese sports startup company Ookami, the company behind sports entertainment application Player! has secured an undisclosed Series A funding from IMJ Investment Partners, GREE Ventures, Asahi Shimbun, and other individual investors.
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Malaysian stock photo startup 123RF acquires TheHungryJPEG with plans to go IPO
Malaysian stock photo startup 123RF acquires TheHungry.JPEG to expand its design resources globally, paving the way for an Australian listing.
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Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch US$17.5 million investment fund with Kyoto Bank
Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.
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Car servicing aggregator BookServicing raises seed funding from NSTEDB
BookServicing, an online car servicing platform run by StatSoft Technologies Pvt Ltd has recently raised Rs 20 lakh (about US$30,000) in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB), a government…
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Philippine-based marketplace PackingDelicious to raise seed fund from Tagcash
Philippine’s online marketplace PackDelicious which delivers pre-packaged food has recently received support from Tagcash Ltd., a micropayment platform.
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Indonesian peer-to-peer lending platform Amartha to raise seven-digit funding in dollars by Mandiri Capital
Amartha, an Indonesian peer-to-peer (P2P) lending platform for unbankable society today announced that it has raised a seven-digit US dollar fundraising round led by Mandiri Capital Indonesia (MCI), the investment arm of state-owned Bank Mandiri.…
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Baidu said to make US$100 million investment in Chinese electric car startup NextEV
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
