By Rahil Bhagat for INC Southeast Asia
By Liz Lee for DealstreetAsia Magazine,
Singapore-based early-stage venture capital firm Golden Gate Ventures foresees the pace of mergers and acquisitions (M&As) in Southeast Asia catapulting, as more institutional funds, protectionists economic policies and global funds look to expand their footprint in the region. (more…)
TechInAsia: Fintech is one of the darlings of the startup world right now. VCs and investors are tripping over themselves to back startups with new and innovative ideas in the financial technology space. Investment in fintech startups in Asia reached US$797 million in 2014. This puts the continent in second place after the US, with US$3.9 billion, according to a report by Singapore-based venture capital firm Life.Sreda (PDF link). (more…)
TECHCRUNCH: In a move that feels fairly unusual, Global Founders Capital (GFC), the venture capital arm of German startup factory and e-commerce behemoth Rocket Internet, has invested in a startup before it’s even launched. The company in question is BrickVest, a London and Berlin-based real estate investment platform founded by Emmanuel Lumineau, Thomas Schneider, and Adalbert Wysocki, who have a background in investment banking, real estate and fintech. It’s launch is pegged for Q3 2015, but interested parties can sign up for pre-registration now with the promise to be able to get in on the action early once the first real estate is listed on the site.
DEALSTREETASIA: Singapore-based crowdfunding platforms CoAssets, FundedByMe and New Union have established a tripartite alliance to grow crowdfunding in Southeast Asia. Combined, the three companies have facilitated raising of S$200 million ($148.17 million dollars) through international campaigns, to date. They plan to accelerate this growth in the coming months, despite the relative youth of the industry in the region. (more…)