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SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.
The future of digital investment published : 20 Jul 2021 at 04:00 The year of Covid was also the year that technology proved itself to be indispensable in people's daily lives in Southeast Asia. It kept locked-down consumers connected and entertained. It helped sustain businesses. It kept people supplied with deliveries of food and other essential goods. It maintained their health with online doctor appointments and kept them educated with online classes. On average, Southeast Asians spent an hour more a day on the Internet during pandemic-imposed lockdowns. Forty...
With a digitally savvy population more aware of growing their wealth, the macro trends supporting the Thai wealthtech industry are certainly strong.
Agriculture Minister Syahrul Yasin Limpo (second right) visits Tanihub's National Fulfillment Center in Cikarang, Bekasi, West Java on April 21, 2021. He is accompanied by TaniHub Group CEO Pamitra Wineka (right) and chief operating officer Sariyo (left). - Courtesy of Tanihub JAKARTA (The Jakarta Post/ANN): TaniHub Group, one of Indonesia's top agriculture technology start-ups, has raised US$69.5mil (Rp 942 billion) in a Series B funding round to expand its supply chain outside the islands of Java and Bali. The start-up said in a statement on Friday (May 21) it would use the new funds to bui...
Indonesian agritech startup TaniHub raises $65.5m in Series B led by MDI Ventures Agricultural paddy May 21, 2021 Indonesian agritech startup TaniHub Group has raised $65.5 million in a Series B round led by MDI Ventures, the venture capital arm of the country’s state-owned telco firm Telkom Indonesia. New and existing investors including Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, Tenaya Capital, UOB Venture Management, and Vertex Ventures participated in this funding round. Earlier this month, DealStreetAsia first reported that TaniHub Group was i...