Soft Space Sdn Bhd has raised US$5 million from Japan's e-commerce firm transcosmos inc to form a capital and business affiliation that will transform the digital payment industry for traditional businesses in Malaysia and Southeast Asia.
In the first major funding round for a startup in the insurance tech space, Mumbai-based Acko General Insurance, set up by Coverfox founder Varun Dua, has racked up $30 million (Rs 200 crore) in its seed round.
T-REX, a financial technology ("fintech") company focused on providing data, analytics, and transactional tools for a variety of asset classes, including renewable energy, today announced the closing of a $10 million financing round.
compareit4me.com, the comparison site, has raised $3.5 million from its existing investors, including STC Ventures, Wamda Capital, Dubai Silicon Oasis Authority and Saned Partners, in its latest phase of funding.
Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed $11.4 million in funding led by Miami International Holdings Inc and China’s Huiyin Blockchain Venture Investments.
Paytm has raised $1.4 billion from SoftBank Group Corp. in the largest funding round by a single investor in India, making the digital payments firm the Japanese company’s biggest bet in India’s start-up ecosystem.