World

Social e-commerce startup Goxip raised $5 million in January, and now the Hong Kong-based business has brought in more cash with a strategic $1.4 million investment from financial services company Convoy. Existing backers including Chinese photo app company Meitu also took part. Convoy offers a range of services that include asset management, insurance and other
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Mytaxi, the Daimler-owned Uber competitor, announced today it would launch an electric scooter pilot in Southern Europe later this year, with a full international roll-out planned for 2019. Daimler initially took a 15 percent stake in Hamburg-based mytaxi in 2012, adding the company to its portfolio of ridesharing businesses that also includes Chauffeur Privé, Careem, Flinc, car2go and
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Ride-hailing firm Grab branched out into payments last year and now the $11 billion-valued company, which acquired Uber’s Southeast Asia business earlier this year, has given its fintech division a major boost after it announced plans to introduce virtual prepaid in partnership with Mastercard. The move is the largest digital payment push in Southeast Asia
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Neat, a Hong Kong-based startup that gives startups and SMEs access to credit cards and banking services has pulled in $3 million in fresh funding. The new round is led by China-based VC Linear Capital with participation from Hong Kong’s Sagamore investments and existing backers Dymon Asia Ventures and Portag3 Ventures . Neat previously landed a $2 million
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Futrli, a cloud-based business decision-making platform aimed at small businesses, has raised a £4m Series A from e.ventures, Notion Capital and firstminute Capital. Bootstrapped to date, Futrli claims to have over 40,000 businesses and 1,100 accountants in 130 countries using it. The four-year-old business led by CEO and founder Hannah Dawson says it uses AI/ML
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Back in May Power Ledger, the Australian-born startup which allows consumers to buy and sell renewable energy directly between one another using a blockchain platform, launched its first commercial deployment in the US. It’s now extending its mission to allow individuals and communities to share in the profits of renewable energy assets by trading in
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