Financial Technology
WeLab acquires Bank Jasa Jakarta, eyes second digital bank in Asia
Following the successful launch of WeLab Bank in Hong Kong, WeLab, a major pan-Asian fintech platform, announced the acquisition of...
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Indonesia’s Stockbit gets approval to acquire Mahakarya
Indonesian-based stock trading platform and community Stockbit gets a nod from the Financial Services Authority (OJK) to acquire local securities...
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SG trading platform Sparrow raises $4.4m in Series A funding
Singapore digital assets trading platform Sparrow secured $4.4 million in its series A funding. The leading investor is Gain Loyal...
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Crypto platform CornSwitch Kuber enters unicorn category with $260 million fundraise
India gets its second crypto unicorn in less than two months with CoinSwitch Kuber raising $260 million funding in a...
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Online investment platform Ajaib becomes Indonesia’s fastest unicorn
Indonesia-based online investment platform Ajaib becomes the fastest unicorn in the country. The company has been said to have achieved...
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Indonesian fintech startup Komunal raises $2.1m from East Ventures, Skystar Capital
Komunal, Indonesia's first fintech company to offer Neo-rural bank services locally, announced that it has raised $2.1 million in its...
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Airwallex secures $200m in Series E, raises valuation to $4bn
Hong Kong-headquartered global payments unicorn Airwallex announced raising $200 million in its Series E funding round, which raises the company’s...
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Indonesian fintech startup Xendit joins unicorn club
Indonesian financial technology (fintech) startup Xendit announced raising $150 million in its Series C funding round that catapulted the company...
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Indonesian wealthtech startup Pluang closes $55m funding round
Pluang, a disruptive wealth tech company based in Indonesia, is democratising access for Indonesian retail investors to grow their wealth...
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PayPal to acquire Japan’s BNPL service provider Paidy for $2.7bn
PayPal Holdings announced that it is acquiring Paidy, a two-sided payments platform and provider of buy now, pay later (BNPL)...
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Indonesian fintech Ayoconnect raises $10m in latest funding round
Ayoconnect, Indonesia's financial API platform, announced raising $10 million on its pre-Serie B funding round backed by Mandiri Capital Indonesia...
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Indonesian fintech AwanTunai secures $56.2m in funding
AwanTunai, an Indonesian fintech startup that provides a business solution platform for offline merchants, announced raising $56.2 million in its...
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The Successful bootstrapped startups Club – Zerodha – India’s Biggest Brokerage Platform Valued At More Than $3B
Zerodha was founded as a barrier-free trading platform in May 2010 by Nikhil and Nithin, the Kamath brothers, and is...
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The Indian Unicorn Club – Latest 2021 Entrants – BharatPe – Enabling Payment Acceptance Absolutely FREE For All Businesses
BharatPe has become the latest addition to the list of Indian startups that become a part of the Unicorn Club,...
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HK cross-border payments firm Currenxie bags $10m Series A funding
Hong Kong-headquartered cross-border payments startup Currenxie announced raising $10 million in its Series A funding round led by family office...
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Indonesia-focused Durianpay nets $2m funding, eyes payments modernisation
Durianpay, an Indonesia-focused payments stack, announced raising $2 million in a funding round led by Sequoia Capital India's Surge and...
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