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2025-02-05 08:19:09

Swiss fintech firm additiv expands APAC operations with new Indonesia office
Additiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations. This strategic move reinforces additiv’s commitment to the region and positions the company to better support financial institutions in their digital...

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2025-01-15 12:56:02

Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024
Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from$6.3 billion in 2022, Tracxn said Monday. The data platform said in a statement that the funding in 2024 returned to pre-pandemic levels, reflecting challenges posed by macroeconomic conditions, rising interest...

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2025-02-05 08:01:26

Singapore’s 129Knots launches with $10M investment led by Sing Fuels
Singapore-based fintech venture 129Knots has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology, 129Knots said in a statement on Monday. According to the statement, the OTD technology will reinvent deep-tier industries by delivering and...

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2024-12-12 07:54:29

Singapore’s KAST secures $10M in seed round led by HSG, Peak XV Partners
KAST, a Singapore-based financial-technology platform built on stable coins, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV Partners, KAST said in a statement on Wednesday. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round. “For most countries and over half of global gross domestic...

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