article thumbnail

Singaporean Fintech Enabler FLUID Raises $5.2M to Revolutionize B2B Purchase Financing

AsiaTechDaily

Singaporean fintech enabler Fluid has successfully raised $5.2 The funding aims to strengthen Fluid’s business-to-business purchase financing solutions. Fluid Series A round, led by Insignia Ventures Partners, is vital for the Singapore-based startup, known for its flexible B2B purchase financing platform.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

Inside Plaid’s plans to build a new, global finance network. Brick’s APIs include Brick Data, Brick Verification and Brick Payments, which can enable an end-to-end process for online loans, including verifying user identity, underwriting and making sure that funds are disbursed into the right bank account.

article thumbnail

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.

financing 122
article thumbnail

4 Ways Startups Can Empower Their Remote Finance Teams

StartupNation

Finance teams worldwide emerged as strategic leaders for startups with the onset of the pandemic by recognizing ways to efficiently manage remote teams, their finances, company operations and associated cost-cutting mechanisms. What challenges do remote finance teams face? 4 ways to empower remote finance teams.

financing 100
article thumbnail

Indonesian Startup Finfra Secures $1M Funding to Fuel Expansion of Embedded Finance Solutions

AsiaTechDaily

Register Indonesian startup, Finfra, has secured $1 million in new funding to expand its embedded finance offerings. Finfra aims to address this gap by providing the necessary technology infrastructure for online businesses to offer embedded finance products.

article thumbnail

Embedded finance startup Banxware raises €4M seed

TechCrunch

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. In addition to lending, the startup will also soon offer card-based products and other financial services.