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MYbank showcases digital solutions for SME financing at the Singapore Fintech Festival 2023

AsiaTechDaily

Register At the Singapore Fintech Festival (SFF) on November 16, 2023. The showcased solutions included Tomtit for rural finance, Goose for supply chain finance, and Lark for automated credit line management. Despite their substantial presence, SMEs often face challenges due to limited access to finance.

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Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

In 2023, the industry attracted substantial investments, with strong financial inclusion and blockchain technology gaining acceptance in some countries. Since its soft launch in March 2023, the company has rapidly gained ground in the Indonesian market.

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Kin lands $33M in fresh financing from investors

American Entrepreneurship

QED-led extension brings total for Series D round to $142M CHICAGO, IL – September 13, 2023 – Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $33 million Series D extension. Kin is also succeeding in geographies where other legacy insurers are either leaving or stalling growth.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. It also plans to soon offer embedded finance products. And in January, fulfillment is up 20% compared to November of 2021. Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. So, just how does it work? “The

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Arrenda emerges with Adelanta, a financing offering for landlords in Latin America

TechCrunch

million in equity and $25 million in debt financing. Its first service is Adelanta, a revenue-based financing offering that leverages Arrenda’s proprietary technology to enable landlords in Mexico to advance up to a year of future lease receivables in 24 hours or less. million in a pre-seed round of equity and debt.

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Former Gemini CTO launches Fierce, a high-yield finance super app

TechCrunch

Managing your finances can be difficult, especially if you want to try something new like investing or even taking out a mortgage for the first time. It’s developing a finance super app that is bringing together what founder and CEO Robert Cornish calls “the best of fintech for the customer.”

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B2B sales closing and financing platform Vartana raises $12M

TechCrunch

Vartana also secured a $50 million line of credit from i80 Group, which Kella says will ensure financed deals can be managed through Vartana’s new capital marketplace. Image Credits: Vartana On the capital marketplace side, Vartana-developed algorithms normalize data, rate each buyer and extend debt financing offers.