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Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore's Instarem is a financial technology startup that helps banks and consumers remit money to the sea at a lower cost. It has completed a $41 million Series C financing to pursue global expansion opportunities. This four-year-old company announced the first closure of $20 million in September last year (19,459,005), ...

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Grab launches SME loans and micro-insurance in Southeast Asia

Grab launches SME loans and micro-insurance in Southeast Asia

Grab in Southeast Asia has begun to provide financing to SMEs and provide micro-insurance for its drivers. This release is only a few weeks after Grab raised $1.5 billion from Vision Fund as part of a larger $5 billion H-round financing, the round will be used against competitors. Go-Jek competes. ...

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Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Consumers are increasingly interested in replacing protein and meat substitutes, bringing hundreds of millions of dollars to companies trying to grow or replace beef or chicken, but few companies are turning their attention to developing seafood. alternatives. Now Shiok Meats is seeking to change this. The company has raised pre-seed ...

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CXA, a health-focused digital insurance startup, raises $25M

CXA, a health-focused digital insurance startup, raises $25M

CXA Group is a Singapore startup that is committed to making insurance more accessible and affordable. It has raised $25 million for expansion in Asia and later expanded to Europe and North America. Startup companies have adopted a unique approach to insurance. It does not go directly to consumers, but ...

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The Khashoggi murder isn’t stopping SoftBank’s Vision Fund

The Khashoggi murder isn’t stopping SoftBank’s Vision Fund

Conducting money talks in the startup community, especially when SoftBank ringed the huge funds of its vision fund. Although the public’s reliance on Saudi Arabia’s funds after the public’s assassination of the Washington Post’s journalist Jamal Khashoggi caused strong public protests, the Softbank Vision Fund’s trading flow seems to have ...

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Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia

Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia

Alibaba is about to be shocked by its biggest competitor in Southeast Asia. Sea, a Nasdaq-listed company, is raising $1.5 billion through a new share offering, which will definitely be integrated into its Shopee e-commerce business. The Singapore-based Sea submitted a document at which plans to provide 60 million American ...

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Grab confirms $1.46B investment from SoftBank’s Vision Fund

Grab confirms $1.46B investment from SoftBank’s Vision Fund

Grab has become the newest member of the SoftBank Vision Fund, after the company announced that it has received $1.46 billion in investment from the super fund. Grab said the new model will be used to advance its super-application strategy to make its service a daily app for Southeast Asian ...

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China’s YY eyes overseas live streaming with $1.45B Bigo buyout

China’s YY eyes overseas live streaming with $1.45B Bigo buyout

One of the top live broadcast companies in China, YY purchased shares and acquired the right to buy a majority of shares in Bigo last June. Now another shoe has been acquired in Singapore after YY completely acquired Falling under the real-time streaming app Bigo Live and short video service ...

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AirAsia launches a $60M fund to help startups get into Southeast Asia

AirAsia launches a $60M fund to help startups get into Southeast Asia

Budget Airlines AirAsia is entering a venture capital game after launching a venture capital fund designed to invest in global startups. The airline announced today that Redbeat Capital is a $60 million fund that is said to operate independently and seek global deals with global startups such as travel, lifestyle, ...

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Go-Jek pulls in $100M more for its massive Series F round

Go-Jek pulls in $100M more for its massive Series F round

U.S. Cycling Giant Lyft and Uber are about to be released in the United States but in Southeast Asia, the two largest on-demand companies are still frantically accelerating investment capital. The latest update of this story is seen today Go-Jek, The goal of this Indonesian car company is to announce ...

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