Ex parte orders filed against the Binance crypto trading platforms by a leg of the VC firm Sequoia Capital have backfired as a judge’s staying of the orders have ushered in a countersuit against Sequoia brought by Binance CEO Changing Zhao, also known as “CZ,”… Read More
Singapore based Funding Societies has closed a USD $25 million Series B funding round. The peer to peer lending platform said the oversubscribed offer was led by Softbank Ventures Korea. Additionally, Funding Societies said it has received expanded credit facilities from banks and other financial… Read More
FinTech Australia is pointing to payments company Airwallex securing $13 Million USD in a Series A funding round as indicative of the strength of Australian-Asian Fintech links. FinTech Australian CEO Danielle Szetho said the announcement illustrated the strong and growing links between the two regions…. Read More
The Securities and Exchange Commission is partnering with New York University on an event tackling the topic of the declining initial public offering market (IPO). Organized under the auspices of the SEC’s Division of Economic Risk Analysis (DERA), the half day dialogue is being held… Read More
According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More
Behalf has raised a respectable $27 million in a Series C funding round lead by Viola Growth with participation from existing investors Sequoia, MissionOG, Vintage, and Spark. Harel Beit-On, Viola Growth founder and GP, will join the Behalf Board. Behalf will use the new funding… Read More
Funding Societies, a Singapore-based “peer to business” lending marketplace, has raised a respectable S$ 10 million in a Series A funding round. The investment was led by Sequoia India, part of the legendary Sequoia VC group. Funding Societies believes this is the largest investment in… Read More
Lemonade, a peer to peer insurance platform that seeks to address the profound shortcomings of the multi-trillion dollar insurance industry now has some prominent names backing the young company. Announced today, Lemonade has now received the support of “top tier” global reinsurance partners including Berkshire… Read More
Fintech opportunities are percolating in southeast Asia. Earlier this week, the Silicon-based venture capital firm, Sequoia Capital, closed a $920 M fund capital to invest majorly in Indian startups along with South East Asian companies. With the reserve bank actively studying peer lending, this part of the globe… Read More
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. If your are interested in reading our Privacy Policy you may read it here. Ok
