Tag: Asia

China Merchants Group launches $15bn tech fund

China Merchants Group (CMG) has reportedly teamed up with an unnamed London-based firm to launch a $15bn technology-focused investment vehicle.

Singapore-based Vouch Insurtech nets SGD $1m

Singapore-based online car insurance platform Vouch Insurtech has netted a SGD £1m ($759,360) in funding.

SBI makes second FinTech investment of the week

SBI Holdings has closed its second FinTech deal this week, backing personal finance platform Movencorp.

Singapore-based SpherePay nets over $10m

Singapore-based mobile payments app SpherePay has netted more than $10m in funding from a group of unnamed investors.

StoreHub scores $5.1m Series A led by Vertex Ventures

iPad POS system developer StoreHub has scored $5.1m in its Series A round led by Vertex Ventures.

tryb Group bags $30m investment from Makara

Financial infrastructure company tryb Group has received a $30m investment from Makara Innovation Fund.

Hong Kong-based Trend Lab nets $12.7m in angel round

Hong Kong-based Trend Lab has passed the unicorn mark, following the close of a HK $100m ($12.7m) angel round.

Morpheus Labs receives investment at $2m valuation

Blockchain platform developer Morpheus Labs has received an undisclosed investment, which values the company at $2m.

PropertyGuru closes $145m in a Series D from KKR

PropertyGuru, an online real estate marketplace, has secured SGD $200m ($145m) in its Series D from KKR.

PayPal, Temasek said to invest $125m into payments processor Pine Labs

Digital payments company Pine Labs has reportedly secured $125m in funding from PayPal and Temasek.The transaction will see the two firms pick up minority...

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