Author: Nick Wilsion

Nota, an AI optimization platform startup, has acquired series B funding amounting to USD 14.7M that is announcing today. The series B funding was finalized last month, a year after the series A funding of USD 6.7M. The series B funding round joined by Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners. Nota has raised a total of $23M. Nota is a tech startup that focuses on optimizing AI models with its main platform solution called NetsPresso and develops diverse edge AI solutions including intelligent transportation system, facial recognition-based access control, and low-powered driver monitoring solution in…

Pragma announced that Michael Brevetta has joined the cybersecurity consultancy as its Head of Compliance, Conduct, and Regulatory Risk effective from 1st November 2021. Brevetta brings over 18 years of experience as a lawyer and compliance professional focusing on financial services risk and regulation, Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance, and tax information reporting and withholding. Standard Chartered Bank benefited from his experience for four years; he led a Central Compliance team that ensured the bank’s global compliance with applicable tax transparency and automatic exchange of information regimes. Prior to that, Michael led PwC Singapore’s US Regulations practice,…

Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures Surpassed 80,000 international users within 6 months DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and participation reflects a high demand for secure, centralised exchange graded platforms with fiat on-ramp. Many decentralised platforms present various technical barriers in on-chain farming, staking…

Series A investors include Japan’s Marubeni Ventures, South Korea’s Atinum Partners, China Taiwan’s AppWorks, Indonesia’s Alpha JWC, and Singapore’s UOB Venture Management, Vertex Ventures Southeast Asia, and Genesis Alternative Ventures Funding from local investors supports and strengthens Pace to forge ahead with its expansionary plans to Japan, Korea, and China Taiwan Pace took only a year to grow into a Pan-Asian BNPL provider and is on track to hit Gross Merchandise Value run rate of USD1 billion in 2022 Pace(https://www.pacenow.co/), a Singapore-based fintech solution company that allows customers to ‘Buy Now Pay Later’ (BNPL), today announced that it has raised…

With 18,600 lots sold at auction last year, photography is one of only two mediums on the art auction market (along with with prints) that the health crisis has accelerated. Thanks to the increase in online sales, the volume of photographs exchanged in public sales has intensified and, most notably, in the below $100,000 price range. The result is a greater circulation of photographs on the secondary market, but a lower level of overall auction turnover, with fewer ‘spectacular’ sales. The Paris Photo fair (from 11 to 14 November 2021) had to take this new reality into account while also…

SaladStop! Group (“SaladStop!” or “the Group”), the first and largest healthy food chain in Asia, today announced the closing of a SGD12 million series B investment round, featuring some of the most prominent investors in the region. The round, which was oversubscribed, was led by Temasek with participation from new investors Vulcan Capital, K3 Ventures, and East Ventures. Existing investor DSG Consumer Partners also participated in the round. The SaladStop! Group today is already impacting 3.5 million people a year, offering them nutritional transparency and climate-positive choices. SaladStop! aims to become the leading personalized nutrition company in Asia through the…

Team Led by Experienced Fund Placement Professionals to Leverage Oppenheimer’s Scale, Thought Leadership and Resources to Further Deepen Service Offerings for Alternative Investment Firms Expanded Service Offerings Expected to Drive Incremental Investment Banking & Capital Markets Opportunities in Technology & Healthcare, Real Assets-Focused Industries and Others Oppenheimer & Co. Inc. (“Oppenheimer”) – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the launch of its new Global Fund Placement and Advisory Group (“FPA Group”). The FPA Group will provide services to leading alternative investment firms to help them fulfil their fundraising ambitions…

From 15-16 November at the Marina Bay Sands in Singapore, global business leaders will come together to discuss ways to build a more sustainable, equitable, and inclusive future. The 8th annual Milken Institute Asia Summitwill open on Monday, November 15, 2021 at Marina Bay Sands Expo & Convention Center. This year, the Asia Summit will combine virtual, physical, and holographic components. This year’s theme is “The Power of Human Connection” and is based on the belief that authentic connections and intentional commitments lead to lasting progress. More than 300 industry executives from over 20 countries will gather in-person over two…

China Evergrande Group today again defaulted on interest payments to international investors. DMSA itself is invested in these bonds and has not received any interest payments until today’s end of the grace period. Now DMSA is preparing bankruptcy proceedings against Evergrande and calls on all bond investors to join it. China Evergrande Group, the second largest real estate developer in China, defaulted on interest payments on two bonds back in September, with the 30-day grace period still ending in October. However, shortly before the end of the grace period, the public was misled by rumors about alleged interest payments. The…

Rapyd Disburse B2B payout capabilities now spans 200+ countries to help cross-border platforms streamline payment to distributors, sellers, and suppliers Rapyd’s white-label wallet ledgering system facilitates the ability for leading B2B platforms and ecosystem businesses to easily scale cross-border buyer and supplier solutions. Rapyd, a global Fintech as a Service company, today announced new enhancements to its industry-leading Disburse and Collect Platforms, delivering new end-to-end infrastructure for B2B firms to pay suppliers and sellers while getting paid by customers around the world more efficiently. Rapyd has extended its Disburse platform capabilities across 200+ countries, enabling organizations to make payouts in…