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P2P app Julo raises seed funding from Skystar Capital, others

Indonesian peer-to-peer (P2P) lending startup Julo has raised an undisclosed amount of investment in a seed round led by Skystar Capital, along with East Ventures, Convergence Ventures, according to an announcement. A few notable angel investors also participated in the round. Julo is focussed on financial inclusion in Indonesia by helping over 100 million people obtain […]

Singapore finance portal MoneySmart raises US$10M to boost presence in APAC

Singapore-based personal finance portal MoneySmart has raised S$14 million (US$10 million) in a Series B round led by Kakaku.com Inc, a Japanese online service provider. Existing investors SPH Media Fund and Golden Gate Ventures also participated in the round. MoneySmart will use the fresh round of financing to boost its presence in Singapore and Indonesia, […]

China’s Road to World Tech Domination Begins in Southeast Asia

Isaac Ho and several investors were watching a pitch from a cancer-detection startup in Singapore when one of the Chinese billionaires present got up and — without a word — scrawled “Speed x Market Share” in Chinese characters on a whiteboard. It was a simple formula that meant: be first and be largest, no matter the […]

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