Hong Kong-based fashion e-commerce startup Grana, which had earlier raised $16 million in venture funding from backers including Alibaba, announced today that it has raised an undisclosed amount in venture debt from city-based STI Financial Group.
According to newswire Nhipcaudautu, Tiki.vn has received an investment capital worth VND1 trillion ($44 million) from JD.com to serve its plans to expand its operations.
Monetary Authority of Singapore managing director Ravi Menon announced the linking up of Singapore’s PayNow and Thailand’s PromptPay on Tuesday (Nov 14) at the Singapore FinTech Festival.
The Finance Ministry plans to give internet SIM cards to the government’s welfare recipients to allow them to access free internet, provided by TOT.
Social marketplace Poshmark, the app for fashion consignmen, has raised another $87.5M investment led by Singapore-based Temasek.
Chinese bike-sharing services, Ofo and Mobike, rencently launched theire first fleet of bikes with the use of GPS, QR code scanning and apps in Thia universities, according to Bangkok Post.
Indonesian consumer and ride-hailing giant Go-Jek is learnt to have acquired a majority stake in payment service provider Kartuku, three sources aware of the development told DealStreetAsia.
Ant Financial, Alibaba’s financial services arm, has entered into a memorandum of understanding with the National Payment Corporation of Vietnam (NAPAS) that will enable Chinese tourists to use Alipay when travelling across Vietnam.
Apple has retaken the lead in the global wearable band market thanks to strong Apple Watch shipments in the third quarter of this year, according to new research data from Canalys. Apple shipped 3.9 million units in Q3 2017, compared to 2.8 million the year previous.
Facebook-owned messaging service WhatsApp may be working on an app for iPad users as references of WhatsApp for iPad are spotted on latest WhatsApp desktop app.