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Hong Kong’s RedotPay secures $40M in Series A funding round led by LightspeedRedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024. RedotPay said in a statement on Monday that the round also saw significant investments from HSG and Galaxy Ventures. It also saw participation from DST Global Partners, Accel, Vertex Ventures...0 Comments 0 Shares 2K Views 0 Reviews
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Malaysia’s Payd secures $400,000 seed extension funding from A2D Ventures, Orbit Startups, AngelSparkPayd, a Malaysian fintech company specializing in earned wage access (EWA) solutions, has successfully raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia, Payd said in a statement on Monday. Payd is a financial well-being platform...0 Comments 0 Shares 2K Views 0 Reviews
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Singapore’s Elev8 Venture Partners leads $50M funding round in smallcaseSmallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore’s Elev8 Venture Partners. Smallcase said in a statement on last Friday the round also saw participation from new and existing investors including State Street Global Advisors, Niveshaay AIF, Faering Capital and Arkam...0 Comments 0 Shares 1K Views 0 Reviews
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Singapore’s fileAI raises $14M in Series A funding led by Illuminate Financial, Antler Elevate, Insignia, Heinemann and othersFileAI, a Singapore-based enterprise artificial intelligence (AI) startup, has on Monday announced it has raised $14 million Series A funding. This round, led by returning enterprise solution investors Illuminate Financial, Antler Elevate, Insignia, Heinemann Group and others, brings the company’s total funds raised to just over $20 million, fileAI said in a statement. According to the...0 Comments 0 Shares 2K Views 0 Reviews
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Singapore’s Finmo secures $18.5M in Series A funding round co-led by Quona Capital, PayPal VenturesFinmo, the Singapore-based treasury operating system (TOS), has on Thursday announced its successful oversubscribed $18.5 million Series A funding round, bringing its total funding to $27 million. The firm said in a statement that the funding round was co-led by investors Quona Capital and PayPal Ventures with participation from Citi Ventures. Known for their investment focus on cutting-edge...0 Comments 0 Shares 3K Views 0 Reviews
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Thailand’s HD HD boosts Series A to $7.8M to accelerate healthcare marketplace and AI in Southeast AsiaHD, a Thailand-based healthcare and surgery marketplace, has on Thursday announced the close of a Series A-1 strategic extension round with participation from the United States-based healthcare firm Merck Sharp & Dohme (MSD), bringing HD’s total Series A funding to $7.8 million. HD said in a statement that with additional support from from MSD, HD is poised to expand its impact even...0 Comments 0 Shares 4K Views 0 Reviews
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Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from$6.3 billion in 2022, Tracxn said Monday. The data platform said in a statement that the funding in 2024 returned to pre-pandemic levels, reflecting challenges posed by macroeconomic conditions, rising interest...0 Comments 0 Shares 4K Views 0 Reviews
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Tracxn: Southeast Asian FinTech ecosystem funding plunges 66 percent on year in first quarterThe Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday. The data intelligence platform said in its Q1 2025 Southeast Asia FinTech Report that the SEA...0 Comments 0 Shares 882 Views 0 Reviews
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