Tag: Singapore

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.

Mobile wallet targeted at the underbanked FlexM has raised $886,000 in a seed round of funding from mobile payments platform MatchMove.

UK social trading app ayondo is acquiring Singapore-based investor education app TradeHero as it seeks to increase its presence in the Asian market.

Chatbot for financial services startup Active AI has raised $3m in a new round of venture funding from IDG Ventures India and Kalaari Capital.

Financial training tool PortfolioQuest has raised $750,000 in a pre-seed round of funding. The funding for the startup was led by Nels Friets and Venkatesh Sethuraman.

BNY Mellon will open its newest Global Innovation Center in Singapore to facilitate collaboration with FinTechs and clients in Asia.