Tag: Singapore

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.

Singapore-based venture fund SeedPlus has raised $2m from World Bank member IFC to back early-stage businesses around Asia.

Singapore-based Dymon Asia Ventures is the FinTech-focused venture arm of hedge fund Dymon Asia Capital and aims to invest in 12 to 15 early-stage companies across South-East Asia.

Silicon Valley and Singapore-based VC firm K2 Global has closed its new fund with $183m to invest across Asia and the US.

Wealth services marketplace WEALTH has picked up $705,000 in a seed funding round from Vulpes Innovative Technologies Investment Company and Privé Holdings.

Corporate insurance and benefits platform CXA has raised $25m in its Series B round. B Capital Group and EDBI co-led the investment.

Singapore-based FinTech firm MC Payment is buying a controlling stake in Genesis Payment Solutions – a licensed merchant acquirer for Alipay. The financial terms of the deal are undisclosed.

Singapore-based foreign exchange startup Spark Systems has raised $5m in a new round of funding.

Singapore-based invoice financing firm SmartFunding has raised $490,000 in a seed funding round. The capital comes from FinTech Asia Group and Investorlend.