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

AsiaTechDaily

The showcased solutions included Tomtit for rural finance, Goose for supply chain finance, and Lark for automated credit line management. These solutions were specifically designed to assist SMEs in overcoming financing barriers and enhance the accessibility of financial services for MYbank’s 50 million SME clients.

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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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CIBC Innovation Banking comes in with new $1.5B venture financing to fill VC gap

TechCrunch

venture dollars are slowing down , CIBC Innovation Banking is announcing $1.5 Mark McQueen, president and executive managing director at CIBC Innovation Banking Image Credits: CIBC Innovation Banking. The new fund will enable the bank to make deals ranging from $50 million to $100 million in capital. At a time when U.S.

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Kirchner Group Advises Investor in $82M Series A Financing in the BioTech Sector

American Entrepreneurship

82M Series A financing. Proceeds from the financing will enable the Company to submit an IND for RNDP-001 and complete Phase 1 clinical trials, which will initiate within the year. The post Kirchner Group Advises Investor in $82M Series A Financing in the BioTech Sector appeared first on American Entrepreneurship Today®.

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Visa Collaborates with Seven Startups to Drive Payments Innovation in Asia Pacific

AsiaTechDaily

This collaboration aims to foster co-development, testing, and iteration of innovative solutions while validating them against commercial opportunities within Visa’s extensive network of financial institutions, merchants, and digital partners. Also, Playbux from Thailand presents a fully integrated Web 3.0

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Crypto.com and LINE Xenesis Join Hands to Drive Crypto Innovation in Asia

AsiaTechDaily

The collaboration is expected to leverage Crypto.com’s tailored business solutions, enabling it to reach Line’s extensive 200 million monthly active users network. “We are excited to partner with such an established and innovative brand in the APAC market and a leader in blockchain technology development in Japan.

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Singapore’s KNN3 wants to enable social discovery for decentralized apps

TechCrunch

While much of web3’s infrastructure building is happening in the West, Asia is generally regarded as the innovation hub of consumer applications, highlighted by the popularity of GameFi platforms like Axie Infinity and StepN. services and is now building a decentralized identity system using KNN3’s tech.