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Press Release
Omise Partners with McDonald’s to Provide Seamless Payment Experience
Online payment technology service provider Omise announced today that it has been chosen by McDonald’s Thailand to be its exclusive payments gateway for its website and the McDelivery Thailand mobile app. With consumers growing embrace of online and especially mobile technologies, purchases through digital channels…
Press Release
Nearly US$500 Million Investment by Expedia, East Ventures Highlight Confidence in Traveloka
Nearly US$500 Million Investment by Expedia, East Ventures Highlight Confidence in Traveloka 31 July 2017 Traveloka announced today that the company has raised approximately $500 million through investments from global online travel leader Expedia, Inc. (NASDAQ: EXPE), East Ventures, Hillhouse Capital Group, JD.com and Sequoia…
Press Release
Julo Raises Seed Round Led by Indonesian Venture Capital East Ventures
Julo Raises Seed Round Led by Indonesian Venture Capital East Ventures 20 July 2017 Indonesian peer-to-peer (P2P) lending startup Julo has landed an undisclosed seed funding led by Skystar Capital, with participation from East Ventures, Convergence Ventures, and other undisclosed angel investors. The capital will…
Press Release
BuzzCommerce Raises US$1 Million to Launch Own Private Label Products
BuzzCommerce Raises US$1 Million to Launch Own Private Label Products 10 July 2017 BuzzCommerce, a cross-border beauty e-commerce startup is raising up to US$1 million in its latest funding round in order to create its own private label products to serve the demand in China…
Press Release
Fintech Startup Omise Raises US$25M in ICO that Bucks “Money Grabbing” Trend
By now you’ve probably heard of ICOs. The alternative fundraising option has been used to raise more than $500 million in funding this year alone, but it has gotten a reputation for unfinished products and untested teams raising gargantuan sums. One company may have just…
Press Release
Education Startup from Indonesia Ruangguru Raises Series B Round
Education Startup from Indonesia Ruangguru Raises Series B Round 22 June 2017 Indonesian edtech startup Ruangguru has just announced it completed its series B financing round. The lead investor is UOB Venture Management, the private equity arm of Singapore-headquartered United Overseas Bank (UOB). The amount…
Press Release
The Rising Stars of Fintech in Southeast Asia
This is the gritty backdrop to Southeast Asia’s burgeoning fintech revolution: flatted factories and grunting delivery trucks in a Singaporean industrial park, where young techies work in a tiny rented office above a car showroom. No glass-sheathed and Persian-carpeted conference rooms here. Just Kelvin Lee,…
Press Release
Mercari Hires john Lagerling from Facebook’s Management Team to Guide Its US Strategy
Mercari Hires john Lagerling from Facebook’s Management Team to Guide Its US Strategy 21 June 2017 When Mercari became Japan’s first startup unicorn with a $75 million round last year, the funding was earmarked to fuel its goal of becoming the top secondhand marketplace app…
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