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797

Deals: Fintech startup PawnHero bags funding from investors led by SoftBank affiliate

By Judith Balea for TechinAsia

Manila-based fintech startup PawnHero today announced an undisclosed amount of pre-series A funding from SoftBank-affiliated Kaikaku Fund, which is focused on the Philippines, 500 Startups, and IMJ Investment Partners. (more…)

Banks, Deals, Fintech news

March 15, 2016

836

Boom Of Taxi Apps In Asia

E27.CO: GrabTaxi from Singapore is about to get US$200 million in fresh capital, pegging its valuation at US$1.5 billion. It quotes “a person familiar with the situation”, who has shared that the round is being led by US hedge fund Coatue Management LLC. The source also mentioned that existing investors SoftBank and Tiger Global Managementare also going to participate in the round. GrabTaxi’s last funding, a then record-breaking US$250 million round, happened just seven months ago in December 2014. Read the full article (more…)

India, InspirAsia, Singapore

July 1, 2015

1017

The Fast Rise of Nikesh Arora at SoftBank

FORTUNE: Former Google executive Nikesh Arora joined SoftBank last year to oversee the Japanese company’s investment strategy, a task overseen so far by the legendary SoftBank founder, Masayoshi Son. Before joining SoftBank, Arora had been the top business executive at Google, having risen in the search giant’s ranks after running its highly profitable European business. He started his career as an investment analyst and also worked at Deutsche Telecom, making him a fit in all sorts of ways for SoftBank, a communications and Internet company. (more…)

InspirAsia, Japan

May 13, 2015

976

SoftBank’s New President Is Former Google Head Of Business Nikesh Arora

TECHCRUNCHSoftBank, the Japanese telecom giant that is also one of Asia’s most prolific startup investors, has named Google’s former chief business officer, Nikesh Arora, as its new president and potential future chief executive officer. (more…)

Fintech news, InspirAsia, Japan, news

May 12, 2015

722

Bigcommerce Acquires Checkout And Inventory Software Startup Zing

TECHCRUNCH: E-commerce platform Bigcommerce announced today that it has made its first acquisition, point-of-sale and inventory management software startup Zing. The value of the deal was undisclosed. Bigcommerce has raised $125 million so far from investors including General Catalyst, Softbank, and American Express, and is pursuing rapid growth in the U.S. and Asia. It faces formidable competition, however, from other e-commerce platforms like Shopify (which recently filed for a $100 million IPO) and Magento, as well as marketplaces such as eBay and Amazon that target smaller vendors. (more…)

Deals, Fintech news, news

April 29, 2015