Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]
View More Singapore fintech startup Instarem closes $41M Series C for global growthCategory: Vertex Ventures
SME lender Validus Capital raises $15M for expansion in Southeast Asia
SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus Capital, which today announced a SG$20.5 million (US$15.2 million) Series B that’ll go towards regional expansion. Founded in 2015, Validus is focused on […]
View More SME lender Validus Capital raises $15M for expansion in Southeast AsiaVerbit raises $23M for its transcription service
Verbit, a transcription startup with offices in Tel Aviv and New York, today announced that it has raised a $23 million Series A round led by Viola Ventures. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and ClalTech also participated in this round. The company, which currently focuses on the legal and academic sector, uses […]
View More Verbit raises $23M for its transcription serviceCross-border fintech startup Instarem raises $20M for global expansion
Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank Kasikorn — as well as […]
View More Cross-border fintech startup Instarem raises $20M for global expansionAnother crypto exchange goes old school as KuCoin raises $20M from VCs
I’ve said it before but I’ll say it again: One of the biggest trends in crypto this year is companies raising money the old-fashioned way — through venture capitalists. Hot on the heels of Binance raising money from Singapore’s Vertex Ventures, KuCoin, a relatively new crypto exchange, has pulled in $20 million. The money comes […]
View More Another crypto exchange goes old school as KuCoin raises $20M from VCsEven the world’s largest crypto exchange needs help from traditional VCs
Crypto-anarchists may not like it, but money doesn’t buy everything. Sometimes, you just need the help of a traditional venture capitalist. Binance is the fastest growing company in crypto — having risen to become the world’s largest crypto exchange based on trading volumes in under one year — but even it needs help from the old […]
View More Even the world’s largest crypto exchange needs help from traditional VCsIndonesian fintech startup Moka raises $24M led by Sequoia India
Indonesia’s Moka, a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth. The investment is led by Sequoia India and Southeast Asia — which recently announced a new $695 million fund — with participation from new backers SoftBank Ventures Korea, EDBI — […]
View More Indonesian fintech startup Moka raises $24M led by Sequoia IndiaStoreHub lands $5.1M help SMEs in Southeast Asia digitize their business
StoreHub, a startup that helps retailers digitize their business, has closed a $5.1 million Series A round led by Vertex Venture to expand in Southeast Asia.
The startup was founded in 2014 and it offers point-of-sale technology and digital services to retailers. The idea is to help bring the long tail of less sophisticated physical merchants online to help them digitize their finances and… Read More