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Carsome raises $50M for its used-car sales platform in Southeast Asia

Carsome raises M for its used-car sales platform in Southeast Asia Carsome, a Malaysia-based marketplace for trading users cars, has closed a new $50 million financing round to fend off its rivals and grow its business in Southeast Asian markets. The new financing round, dubbed Series C, was funded by MUFG Innovation […]

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Indonesia’s Travelio raises $18M to help tenants rent apartments

Indonesia’s Travelio raises M to help tenants rent apartments More than 50% of residential apartments and other real estate properties in Jakarta are currently vacant, according to official estimates. A startup that is attempting to make it easier for tenants to rent these properties in Jakarta and other places in Indonesia said […]

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Indonesia’s Julo raises $10M to expand its P2P lending platform

Indonesia’s Julo raises M to expand its P2P lending platform Julo, a peer-to-peer lending platform in Indonesia, said on Wednesday it has extended its $5 million Series A raise to $15 million as it looks to scale its business in the key Southeast Asian market. The $10 million Series A2 round for […]

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Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Cross-border fintech startup Airwallex raises 0M at a valuation of over B Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four […]

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Korea’s Naver backs Southeast Asia-based e-commerce startup iPrice

Korea’s Naver backs Southeast Asia-based e-commerce startup iPrice iPrice, an e-commerce aggregation service in Southeast Asia, has landed a strategic investment from Naver, the Korean internet giant valued at over $21 billion, as part of a follow-on to the startup’s $4 million Series B from May. There’s actually a strong connection around that […]

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