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1650

Life.SREDA demo day suggests continued fintech dynamism

By Shiwen Yup for DealStreetAsia

Singapore-based fintech venture capital firm Life.SREDA saw the pioneer cohort of its InspirAsia fintech accelerator hold their demo day in conjunction with the opening of their co-working space earlier this month. (more…)

Fintech news, Global trends, Hotnews, InspirAsia

March 23, 2016

2196

Life.SREDA VC opened a coworking & art gallery in the heart of Singapore.

By Yon Heong Tung,

Singapore-based fintech VC firm Life.SREDA has announced the launch of its new co-working space at the heartland of innovation in Singapore–Block 79 Ayer Rajah Crescent. (more…)

Fintech news, Hotnews, InspirAsia, news, SME

March 1, 2016

3116

Mobile point of sale venture Softpay gets $1m Series A from fintech VC Life.SREDA

DealStreetAsia: Southeast Asian mobile point of sale (MPOS) venture SoftPay Mobile International, which is incorporated in Singapore but operates in Vietnam, has secured a $1-million Series A investment round led by Singapore-based fintech VC firm Life.SREDA, via their InspirAsia Accelerator. (more…)

Deals, Fintech news, InspirAsia, news, POS/mPOS and online acquiring, Singapore

October 17, 2015

2438

Golden Gate Ventures Unwraps $50M Fund For Southeast Asia

TechCrunch: Founders, assemble! There’s a new fund from a familiar face in Southeast Asia. Singapore-based Golden Gate Ventures just announced its second, $50M fund to support startups in the region and international companies looking to move there. (more…)

InspirAsia, news, Singapore

July 29, 2015

2967

Meet The 8 Startups Chosen For Life.SREDA’s Fintech Programme

E27: Meet the first 8 startups chosen for InspirAsia – Life.SREDA’s fintech post-accelerating programme: Softpay (Vietnam), Mobikon (Singapore), Rev (Malaysia), StoreHub (Malaysia), HotTab (Vietnam), Ayannah (Philippines), HomePay (Singapore), TIDE (Malaysia). Singapore-based fintech venture capital firm, Life.SREDA, has announced eight startups selected for its InspirAsia accelerator programme. Each startup that joins the VC fund’s 30-180-day pre-series A accelerator programme, which kicks off in September, will receive between $50,000 and $500,000 in funding, depending on the stage of the startup, in return for 5% to 15% equity, besides $250,000 in support services. At the end of the programme, the fund can decide on additional funding or bridge fundraising from other VCs from its network. (more…)

Hotnews, InspirAsia, Singapore

July 29, 2015

2456

Bangladesh Backs Mobile Phones To Move Cash Among Rural Poor

Bloomberg: Bangladesh, home to the world’s second-largest mobile money company, is moving to consolidate the industry as it expands financial services to the rural poor. The central bank has proposed channeling all mobile transactions through bank-led companies with a minimum capital of 1B taka ($13M), said Bangladesh Bank Governor Atiur Rahman. This would force smaller providers to merge and link up with banks. (more…)

India, InspirAsia, Remittances

July 24, 2015

2737

Uber For Banking? Coins.ph Turns People Into ATMs

TechInAsia: Philippine Bitcoin startup Coins.ph has come up with a way for you to move money without having to deal with a bank. A new service on its Bitcoin wallet called “Teller” turns anyone with a smartphone into an ATM, where you can deposit your money. Think Uber for banking. (more…)

Cryptocurrencies, Fintech news, InspirAsia, news, Philippines

July 21, 2015

3039

Boom of Accelerators in Singapore

E27.CO: Here’s everything you want to know about Singapore’s startup scene. Take a look at some of the biggest players — the major deals made and insights into entrepreneurial behaviour (more…)

InspirAsia, Singapore

May 28, 2015

2681

VC Life.SREDA Gets Huawei Senior Exec On Board For Its InspirAsia Accelerator

TECHINASIA: Recently landed in Singapore, Russian venture capital Life.Sreda today announced it has hired Huawei’s former global head of operations and COO of cloud business Victor Chow as CEO of its InspirAsia startup accelerator. From his new position, he will be overseeing accelerator development and the launch of the acceleration program. (more…)

Fintech news, Hotnews, InspirAsia, Singapore

May 21, 2015

3410

Life.SREDA Announces InspirAsia FinTech Accelerator For Singapore

E27.CO: The 90-day accelerator’s first batch of 20-30 startups will kick off in September, with investments of US$50K to US$300K for 5-15% equity (more…)

Fintech news, Hotnews, InspirAsia, Singapore

April 9, 2015