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Tag: $100 million

Opportunities Lie Ahead for Swiss Fintech Startups in Vietnam – Fintech Singapore

In Vietnam, rising demand for digital financial solutions, supportive policies and government initiatives to nurture fintech innovation are providing tremendous opportunities which Swiss fintech...

Tyme Pulls in US$77.8 Million for Ongoing Pre-series C Raise – Fintech Singapore

Tyme, a multi-country digital banking group headquartered in Singapore, has secured funding from two new shareholders – Africa-focused tech growth fund Norrsken22 and global...

Temasek denies investment in algorithmic crypto developer Array

Temasek, Singapore’s state-owned investment firm, has denied that it invested in Array, an algorithmic cryptocurrency developer.See related article: Singapore’s Temasek says doesn’t own Bitcoin,...

Bitget crypto exchange still hiring, eyes Hong Kong license, to rebrand BitKeep wallet

The Bitget cryptocurrency exchange, which started up in 2018 and says it now has more than 8 million users in 100 countries, last month...

Fintech and Insurtech Pocketed Most Funding in Southeast Asia This Quarter

Fintech and insurtech were among the tech segments in Southeast Asia that received the highest investments in this quarter, according to a report by...

PhonePe Has Secured US$750M as Part of Ongoing US$1B Fundraise

Indian digital payments company PhonePe has raised an additional US$100 million from American growth equity firm General Atlantic as part of its ongoing efforts to...

Fintech Equity Funding in Singapore Sees Slight Decline

Fintech equity funding activity in Singapore declined in 2022, with investment value dipping by 8% and deal count declining by nearly 26%, a new...

HK-based venture fund hopes to raise US$100 mln for crypto investments: Bloomberg

Hong Kong-based innovation venture Plutus VC plans to raise US$100 million by the end of 2023 to fund investments in the cryptocurrency market, according...

Zipmex buyer misses payment, could risk US$100 million buyout: Bloomberg

Zipmex cryptocurrency exchange’s US$100 million venture capital buyout may be in danger, after buyer V Ventures missed the US$1.25 million payment due on March...

Hong Kong blockchain initiatives natural evolution for finance hub, says Signum Digital CEO

After the global crypto failures and bankruptcies in 2022 and China’s known distaste for cryptocurrencies, Hong Kong regulators surprised with a raft of initiatives...

Fintech Investor BitRock Capital Plans to Raise New US$100 Million Fund

Singapore-based fintech investment firm BitRock Capital is currently inching towards meeting its target to close a new US$$100 million fund, according to a Bloomberg...

Bitget invests US$30 mln in BitKeep wallet, becomes controlling shareholder

Seychelles-based cryptocurrency exchange Bitget said it has invested US$30 million in decentralized multi-chain wallet BitKeep to become its controlling shareholder. See related article: Bitcoin rises...

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