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Capria Ventures raises $100m so far for tech-focused venture fund

AsiaTechDaily

Register Capria Ventures , a venture capital firm specializing in investments in the Global South , has announced the first close of its $100 million fund, which will focus on investing in 20 to 25 tech startups in key entrepreneurial hotspots across India, Southeast Asia, Latin America, the Middle East, and Africa.

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Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round led by SIG Venture Capital, with participation from CE Innovation Capital and returning investor PayU, the payments and fintech business of Prosus.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

Powered by NJEDA’s Strategic Innovation Center program, NJFAST aims to make New Jersey a national leader in fintech and insuretech by supporting innovation, which will help empower startups and drive the creation of new technologies that in turn will create jobs and support long-term, sustainable economic growth across the state.”

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MADCash Secures RM5 Million in Funding to Empower Women Entrepreneurs

AsiaTechDaily

Artem Ventures led the investment charge, with contributions from MSW Ventures and the ScaleUp Founders Fund. Artem Ventures, a Malaysia -based venture capital firm, plays a key role in MADCash’s recent funding success. With the support from Artem, MSW, and ScaleUp, we can now make a bigger impact on society!”

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Pepper Group to Launch Pepper Money: Fintech Startup for Indian Market

AsiaTechDaily

Pepper Money aims to revolutionize consumer finance in Tier 2 and 3 cities, leveraging the country’s impressive economic growth and a young, tech-savvy population. ” Culhane’s optimism stems from India’s status as a high-growth performer in recent years.

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NJEDA to Extend Submission Deadline for the New Jersey Green Fund RFEI

American Entrepreneurship

Planned NJGF investments, which may include equity investments, credit enhancements, loans and/or other financial vehicles, will be aimed to attract private capital to enable New Jersey to reach its energy goals and advance environmental justice in the State.