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Wiziin nets US$500K
Vietnam-based enterprise funding administration platform Wiziin secured US$500,000 in pre-seed funding from an unnamed tech serial entrepreneur.
“The enterprise capital world has lengthy adhered to conventional strategies of funding and investing in startups. This funding will allow us to speed up our subsequent efforts in rising blockchain know-how to disrupt this business and revolutionise how enterprise capital operates primarily based on the tokenisation of property, and good contracts,” acknowledged Co-Founder Thong Dang.
Based in 2020 by skilled enterprise capitalist Tien Nguyen and serial entrepreneur Dang, Wiziin goals to bridge the hole between traders and founders by means of its new blockchain-based platform.
It gives tech platforms specialising in data-driven options for startups and traders in capital elevating, dealmaking, and co-invest monitoring. It has a community of over 200 traders, and over 5,000 firms have raised funding through the platform.
Beep baggage seed funding
Singapore-based IoT transaction platform, Beep, introduced the launch of what it claims to be Southeast Asia’s largest electrical car roaming (eRoaming) community. Hyundai Motor Group Innovation Centre in Singapore (HMGICS), Tribecar, EVFY, Singapore Electrical Automobiles, and Quantum Mobility are among the many preliminary entities to make use of the community.
Beep additionally introduced the completion of its seed funding spherical, led by GGV Capital and Wing Vasiksiri. NUS Expertise Holdings, SUTD Enterprise Holdings, XA Community, and distinguished angel traders additionally participated within the funding spherical. The quantity of funding is undisclosed.
Beep will utilise the contemporary funds to enhance technical connectivity and deploy the most important roaming community in Southeast Asia as a part of growth plans into Malaysia, Thailand, and past. The corporate will proceed collaborating with further cost level operators, car OEMs, and fleets to develop the community on a permission foundation.
HealthXCapital joins fingers with Jungle Ventures
Singapore-based VC agency Jungle Ventures introduced the addition of HealthXCapital to steer its healthcare investments in Southeast Asia and India.
Seemant Jauhari, a seasoned chief with 22 years of expertise in healthcare investments who has led HealthXCapital since its inception, will be part of Jungle Ventures as a Accomplice for healthcare.
HealthXCapital has engaged with over 1,200 founders throughout numerous healthcare segments, together with residence care, ambulatory care, insurtech, information sciences, and mind well being. Their portfolio options names akin to RED.Well being, Homage, Medfin, and THB.
Jungle Ventures specialises in early to growth-stage investments in Southeast Asia and India, specializing in nurturing companies from their inception to changing into unicorns and ultimately to IPO.
Atome renews US$100M debt facility
Atome Monetary, a Singapore-based buy-now-pay-later firm targetting unbanked and underbanked shoppers, renewed its US$100 million debt facility with HSBC Singapore.
The funds will assist the fintech agency to increase its companies within the Philippine market and develop new shopper financing merchandise.
Atome entered the Philippine market in end-2021 by partnering with over 50 on-line and offline retailers throughout vogue, magnificence, way of life, and residential & residing. The Philippines presents huge alternatives for the fintech agency as 34.3 million adults are unbanked (as of 2021).
Launched in December 2019, Atome is a digital platform offering shoppers throughout the area with versatile deferred funds by means of its cellular app. As well as, it provides digital shopper loans in Indonesia by means of the Kredit Pintar cellular app.
Antler invests in CHOYS
CHOYS, a SaaS insurtech platform for company workers in Southeast Asia, closed a US$1.1 million seed funding spherical with traders, together with Wing Vasiksiri, Foremast, Antler, and Fintech Nation Fund.
The corporate will use the cash for its go-to-market technique throughout Southeast Asia and to bolster its product growth initiatives.
Based by Sharon Li and Vanessa Chen, CHOYS goals to make work life extra significant and humanised. To realize this, it empowers organisations with well-being instruments and a platform to make a “greater impression” by means of higher understanding of and connecting with their folks. The agency makes use of information analytics to create customised worker profit experiences.
Increase Capital lands US$2.5M
Singapore-headquartered SaaS platform Increase Capital secured US$2.5 million in a seed funding spherical from Village World, Iterative Ventures, Hustle Fund, Epic Angels, Xcel Subsequent, and Insitor.
Outstanding angel traders, together with Shivaas Gulati, former co-founder of Remitly; Larry Hootnick, former CFO of Intel; and Puon Penn, former EVP of Enterprise Capital at Wells Fargo, additionally participated.
The agency will use the funds for market growth, enlarging its product group, and initiating partnerships with new banks.
Based in 2018 by Gordon Peters and Lucinda Revell, Increase Capital gives a platform that permits monetary establishments to digitally onboard candidates for loans, financial savings, bank cards, and insurance coverage shortly.
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The picture used on this image is AI-generated.
The submit Blockchain disruption, EV roaming community, healthcare collaborations, and fintech growth make waves in SEA appeared first on e27.
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