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Binance begins to restrict US users ahead of regulatory-compliant exchange launch

Binance begins to restrict US users ahead of regulatory-compliant exchange launch The world’s largest crypto exchange is going legit. Binance, which processes over $1 billion on a daily basis and for so long has embodied crypto’s wild west culture, announced that it will launch a U.S-based service — but, in the meantime, […]

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Audi works with Fleetonomy to monitor and manage fleet utilization for its on demand program

Audi works with Fleetonomy to monitor and manage fleet utilization for its on demand program Audi just completed a trial with Israeli company Fleetonomy as part of a potential wider rollout of the Israeli company’s fleet monitoring and management services designed to improve utilization. Using Fleetonomy’s tools that provide predictive analytics of […]

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EV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap

EV Growth closes 0M fund to cover Southeast Asia’s Series B funding gap East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has officially moved up the food chain after it announced a final close of its growth fund at $200 million. […]

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

Singapore fintech startup Instarem closes M Series C for global growth Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million […]

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SME lender Validus Capital raises $15M for expansion in Southeast Asia

SME lender Validus Capital raises M for expansion in Southeast Asia SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus Capital, which today announced a SG$20.5 million (US$15.2 million) […]

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Cross-border fintech startup Instarem raises $20M for global expansion

Cross-border fintech startup Instarem raises M for global expansion Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon […]

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Another crypto exchange goes old school as KuCoin raises $20M from VCs

Another crypto exchange goes old school as KuCoin raises M from VCs I’ve said it before but I’ll say it again: one of the biggest trends in crypto this year is companies raising money the old fashioned way through venture capitalists. Hot on the heels of Binance raising money from Singapore’s Vertex […]

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Indonesian fintech startup Moka raises $24M led by Sequoia India

Indonesian fintech startup Moka raises M led by Sequoia India Indonesia’s Moka, a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth. The investment is led by Sequoia India and Southeast Asia — which recently announced a new […]

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StoreHub lands $5.1M help SMEs in Southeast Asia digitize their business

StoreHub lands .1M help SMEs in Southeast Asia digitize their business  StoreHub, a startup that helps retailers digitize their business, has closed a $5.1 million Series A round led by Vertex Venture to expand in Southeast Asia. The startup was founded in 2014 and it offers point-of-sale technology and digital services to […]

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Vertex Ventures closes new $210M fund for Southeast Asia and India

Vertex Ventures closes new 0M fund for Southeast Asia and India  Vertex Ventures, one of the VC funds that is linked to Singapore sovereign fund Temasek, has closed its third investment fund for Southeast Asia and India with a total of $210 million for investment. Vertex Venture Holdings operates five funds across […]

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