Category: Asia-Pacific

myfisensemyfisenseSeptember 20, 2021
af_capitaland_070820-1280x853.jpg

3min00
Real estate manager CapitaLand Investment (CLI) on Monday marked its trading debut on the Singapore Exchange (SGX) with the stock hitting a peak of S$3.02 before settling at S$2.93, or 10.7 cents higher than its S$2.82 offer price. The listing, which makes CLI one of the world’s largest listed real estate investment managers (REIMs), comes […]

myfisensemyfisenseSeptember 20, 2021
1_vtjXocfC3vA625Y0UgX3lw-1280x640.jpeg

4min00
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India and Think Investments co-led the 18-month-old startup’s Series B financing round. Existing […]

myfisensemyfisenseSeptember 20, 2021
download-5.jpg

4min00
BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week. The actions instead intend to strengthen the regulation of consumer-facing platform companies with […]

myfisensemyfisenseSeptember 17, 2021
83efd6bc0b5444e9b817bf2d17e3ff8b.jpeg

2min00
(Bloomberg) — Tencent Holdings Ltd. has lost its place among the world’s 10 largest companies by market value, leaving no Chinese company on the list as Bejing’s regulatory crackdown continues to wreak havoc on the stock market. Hong Kong-listed shares of the gaming and social media company fell 0.5% on Thursday, valuing it at $556 […]

myfisensemyfisenseSeptember 17, 2021
WechatIMG3656-1024x768.jpeg

3min00
XTransfer, a Chinese cross-border financial and risk management services provider, has reached unicorn valuation after raising $138 million in a Series D round to fund its global ambitions starting from Southeast Asia. The latest round was led by Dan Sundheim’s hedge fund D1 Capital Partners with participation from the firm’s existing shareholders, according to a […]

myfisensemyfisenseSeptember 16, 2021
-ทวิตเตอร์.jpg

2min00
Thai alternative digital lending platform SCB Abacus has raised $12 million in a Series A funding round led by Openspace Ventures, according to an announcement. The financing was joined by Vertex Ventures Southeast Asia and CAI Partners. The company plans to use the capital to expand its product offerings, strengthen its technology infrastructure and underwriting […]

myfisensemyfisenseSeptember 16, 2021
SmartNewsSlider-1280x853.jpg

3min00
SmartNews, a Japanese news aggregator that turned unicorn in 2019, announced raising $230 million in its Series F funding round, bringing the company’s total capital raised to date to more than $400 million. The latest round values SmartNews at $2 billion, the highest for a standalone news app. In 2019, the company had raised an […]

myfisensemyfisenseSeptember 16, 2021
15f946a46629391e6ad37b4c10f9b3fe.jpeg

3min00
Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesco Developing Markets Fund made the $100 million investment, the startup said in a statement. Pine Labs, […]

myfisensemyfisenseSeptember 16, 2021
byjus-ravindran-bccl.jpg

5min00
Byju’s said on Thursday it has acquired California-headquartered Tynker, a leading coding platform for K-12 students, the latest in a series of major purchases as the Indian edtech giant attempts to aggressively expand to international markets. The companies didn’t disclose the terms of the deal, but a person familiar with the matter told TechCrunch that the […]

myfisensemyfisenseSeptember 16, 2021
1_yUEg7PwB_jLxnFIRYf96PA.jpeg

4min00
CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 million in pre-Series A funding to scale up its online coding school platform. This round was led by Monk’s Hill Ventures, with participation from returning seed investors Iterative, XA Network, and iSeed Ventures. CoderSchool raised a seed round led by TRIVE […]

FI Sense

FREE
VIEW