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Afternoon News Roundup: Funding Societies teams up with SGeBIZ to lower...

  Funding societies partners SGeBIZ to lower working capital barriers for SME’s Crowdfunding platform Funding Societies announced today that it will partner with Singapore E-Business (SGeBIZ) to...

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AMTD Digital to acquire Singapore’s insurtech startup PolicyPal

Left to right: PolicyPal CTO Wong Kai Chin, AMTD Group Chairman and CEO Calvin Choi, PolicyPal Founder and CEO Val Yap AMTD Digital, a digital finance arm of Hong Kong-based AMTD Group, announced today...

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Indonesian VC firms Convergence and Agaeti merge to form AC Ventures

Agaeti Ventures and Convergence Ventures, two early-stage venture capital firms in Indonesia, has formally announced their merger. Named AC Ventures, the new entity will be managed by its partners...

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Afternoon News Roundup: gojek acquires fintech payment solutions provider Moka

  gojek acquires Moka, a fintech startup providing payment solutions for SMEs Kr-Asia reported today that ride-hailing giant gojek has acquired Moka, an Indonesian fintech startup that provides payment...

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US fintech startup SoFi acquires Hong Kong’s 8 Securities, establishing APAC...

SoFi, an American personal finance company, announced today that it has acquired 8 Securities, a fintech platform based in Hong Kong. 8 Securities will be rebranded as SoFi Hong Kong as a result of...

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Financial products comparison firm GoBear acquires lending platform...

GoBear, a financial products comparison startup based in Singapore, has acquired AsiaKredit, a consumer lending platform operating in the Philippines, according to a press release. The financial...

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Roundup: Singapore’s Responsible Cyber acquires digital identity wallet Secucial

Singapore’s cybersecurity startup Responsible Cyber acquires digital identity wallet Secucial Responsible Cyber (RC), a Singaporean cybersecurity startup that manages software security for small and...

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(UPDATED) Kollective Ventures acquires Paktor Group from M17 Entertainment

(This article has been updated with new details and comments from Paktor) Kollective Ventures (KV), a capital advisory and investment firm based in Singapore, announced today that it has completed the...

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Relocation startup Moovaz acquires SPH’s The Finder to build its digital...

Singapore-based human mobility and relocation company Moovaz today announed that it has signed an agreement with Singapore Press Holdings (SPH) to acquire its expat-focussed publication The Finder in...

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Filipino fintech firm Ayannah merges with India’s ECAPS; plans to raise...

Philippines-based digital financial services provider Ayannah has announced a merger with Indian online payments company Equity Capital Advisors (ECAPS). Christened Ayannah Global (AG), the new entity...

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Indonesian digital payments platforms OVO, Dana reportedly agreed to merger

Last year, Reuters came out with an exclusive report about the Southeast Asian ride-hailing giant Grab’s plan to merge OVO, its e-wallet service with DANA– an Indonesia-focussed e-wallet platform run...

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[Updated] Intuit acquires TradeGecko to further strengthen its accounting...

Updates: We included additional information from Bloomberg in this article Global SaaS platform Intuit today announced that it has entered an agreement to acquire TradeGecko, the Singapore-based...

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Malaysia’s JurisTech acquires financial products comparison platform iMoney

JurisTech co-founder WaiHun (L) and iMoney co-founder Lee Ching Wei Malaysia-based JurisTech, a provider of software solutions for banks, financial institutions, insurance providers and telecom...

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ASX-listed Afterpay acquires EmpatKali to take its ‘buy-now, pay-later’ biz...

Australia-based Afterpay, a ‘buy-now, pay-later’ platform that facilitates e-commerce between retail merchants and customers, has acquired EmpatKali, which operates a similar service in Indonesia. The...

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Malaysian digital media group REV Asia to acquire iMEDIA for US$9.6M

Digital media group REV Asia Berhad today announced that it has agreed to acquire iMedia, a Malaysian digital media company focussing on content, technology, and social influencer marketing. iMedia...

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Merchantrade acquires Valyou from Telenor to further penetrate into...

Merchantrade Asia, a home-grown digital money services company and e-money issuer in Malaysia, has fully acquired local fintech player Valyou from Telenor Group, following a competitive bidding...

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Moovaz acquires GetVan to bolster its tech-powered relocation business

(L-R) Moovaz’s Head of Ops Lee Minghui and CEO Lee Junxian with GetVan Director James Neo and CCO Jerry Chua Singapore-headquartered relocation services company Moovaz has signed an agreement to...

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iMedia buys controlling stake in Goody25’s Malaysian parent

Goody team iMedia, a Malaysia-based integrated digital media group currently, has acquired a controlling stake in Goody Technologies, which runs the internet properties Goody25 and GoodyMY. As part of...

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