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Reefknot Investments led the round with a $4m investment

Picus Capital, FEBE Ventures, and FJ Labs also participated in the financing.

Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. Founder and chief executive officer Stephane […]

Logistics and supply chain management integrator Locad raised $4.9 million in seed funding led by Sequoia Capital India’s Surge with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund. Locad is part of Surge’s fifth cohort of 23 companies that have developed new digital solutions to help companies and individuals work, live and learn better in a rapidly evolving Southeast Asian landscape. Locad offers ecommerce brands and retailers end-to-end solutions, ranging from plug-and-play ecommerce fulfilment, to a distributed warehousi...

Online pharmacy platform POC raises $4.5 mln to improve services in Vietnam By Thanh Duong   May 1, 2021 | 03:00 pm GMT+7 Pharmacy Online Concierge Pharma has secured $4.5 million in an equity financing round to digitize pharmacies in Vietnam. Based in Vietnam and Hong Kong, the platform helps stakeholders such as pharmacies, drug manufacturers, distributors, wholesalers, and consumers to digitally manage their interactions. It raised the money from Picus Capital of Germany, Goat Capital and FJ Labs that of the U.S., Febe Ventures 500 Startups Vietnam of Singapore, and several unnamed a...