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Australian fintech startup Airwallex raises $US80 million in its Series B funding round

Melbourne-based fintech start-up Airwallex has closed a $US80 million ($108 million)  Series B round,  the second-largest fundraising round in Australian start-up history, and the largest world-wide so far this year. The round was led by Chinese conglomerate Tencent Holdings, with participation fromHorizons Ventures, Hillhouse Capital Group, Sequoia Capital China, Square Peg Capital, and Central Capital Ventura…. Read More »

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Digital lending startup LoanTap raises $6.25 million

Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals. the funding round was led by  by Chinese venture capital firm Shunwei Capital and saw participation  by new investors Tuscan Ventures and Ashish Goenka and existing investors India Quotient and Kae Capital. The fintech startup will use the… Read More »

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Gift Card Startup zeexs raises $12 million from Sonic Zhang

Zeex, an offshoot of the Israeli gift card startup Zeek Mobile Ltd has secured  $12 million from Chinese entrepreneur Sonic Zhang. Zhang has committed to spending 25,000 ether, which is currently valued at about $12 million, to support  Zeex , saying he would become an early participant in Zeex’s upcoming cryptocurrency crowdsale. Zeek lets shoppers… Read More »

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Republic raises $12 million to Tokenize platform

Republic, a retail investment platform affiliated with AngelList, announces it has closed a $12M round to finance the tokenization of the Republic platform and the development of its own security token. The round was led by Binance Labs and NGC ECO Fund, with participation from East Chain Co, Oyster Ventures, FBG Capital, Hazoor Capital, ZK Capital, ZhenFund, and others. Republic… Read More »

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singapore-based startup Homage raises US$4.15 million in Series A

On Tuesday, HOMAGE, a company providing smart technology home-based care services announced it had raised  US$4.15 million in series A. The Series A round was co-led by investors Golden Gate Ventures and HealthXCapital, South and Southeast Asia’s first healthtech venture capital fund. Existing investors SeedPlus, Juha Pananaan, Lim Dershing and Huang Shao-ning participated inthe round…. Read More »

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Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

On Friday, blockchain startup CoinText.io that’s developing away to conduct offline bitcoin cash transactions, closed a $600,000 seed funding round. The funding round was led by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero. CoinText enables users to send Bitcoin Cash (BCH) to phone numbers or BCH addresses without Internet by providing… Read More »

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Nigerian logistics startup Kobo360 accepted into YC

Kobo360, a Nigerian-based logistics startup that helps both individuals and SMEs deliver goods to both local and international locations, has been accepted into YC’s Summer ’18 batch —and is scheduled to present at an August Demo Day in front of YC Investors In addition, the startup has Received $120K for 7 percent equity. Kobo360 was founded by former Director of… Read More »

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Cashify raises $12 million in series C funding round

India’s  startup Cashify has raised $12 million in a Series C round of funding bringing the total funds raised to date at to $19 million. The round was led by CDH Investments and MorningSide Group, with participation from Chinese company AiHuiShou, and existging investors Bessemer Ventures and Shunwei Capital. Cashify will use the funds to grow the… Read More »

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Unicorn fitness startup Peloton acquires music startup Neurotic Media

Technology fitness startup Peloton, known for its live-streamed spin classes has acquired Neurotic Media, LLC, an Atlanta-based B2B digital music aggregator, streaming and download source. This is the first acquisition for the unicorn fitness startup often referred to as “the new Apple of fitness.” Peloton was founded in 2012 and has so far raised a total of $444.7 million with… Read More »

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