Business
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Indonesia’s tech firm GoTo seeks to raise $1.26-billion in local IPO
GoTo is Indonesia’s most prominent tech firm formed by ride-hailing giant Gojek and e-commerce firm PT Tokopedia. According to the company’s prospectus, the firm is looking to raise up to 17.992 trillion rupiah ($1.26-billion) through…
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Singapore-based voice artificial intelligence startup raises US$50-million in Series B funding round led by Tiger Global and Caotue
Al Rudder was founded in 2019 to develop advanced voice AI technology to help businesses solve B2C communication challenges across various industries, including fintech, insurance, banking and finance, and e-commerce. AI Rudder stands out from…
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Singapore-based fintech firm Volopay raises $29m Series A to expand business to APAC and MENA
Singapore-based fintech firm Volopay has raised $29m in a mix of equity and debt from investors in a Series A led by Justin Mateen, the co-founder of Tinder. Other notable investors that participated in the…
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PayMongo, Philippine fintech startup aims to be a one-stop shop for Southeast Asia’s financial needs as it explores regional expansion
In April 2019, four co-founders, namely Francis Plaza, an MIT engineer; software engineer Jamie Hing II; business entrepreneur Luis Sia; and former Philippines Cabinet official Edwin Lacierda launched PayMongo to facilitate payments for businesses. The…
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Indonesian fintech Akulaku Inc. secures $100m funding from Thai lender to expand its business in Southeast Asia
Following a $125-million funding in 2021 co-led by Hong Kong multi-asset investment firm Silverhorn Group, Akulaku managed to pull in $100-million from one of Thailand’s biggest lenders, Siam Commercial Bank plc. to expand its business…
