Startupbootcamp Fintech Singapore, part of a global accelerator network whose Singapore branch specialises in financial technology, has established strategic partnerships with PwC Singapore, Pix Vine Capital and Jungle Ventures.
CROWDLENDING, otherwise known as peer-to-peer lending or debt crowdfunding, is increasingly a viable source of alternative financing for SMEs and startups here, what with the launch of new crowdlending platform Capital Match this week, just five months after MoolahSense (Singapore’s first such platform) debuted last November.
Crowdfinancing in Singapore is about to enter a higher gear. MoolahSense, a Singapore-based startup that is targeting the SME market announced it has raised a round of funding led by East Ventures with participation from Pix Vine Capital.
Playbuzz, the most shared website on Facebook according to NewsWhip, announced Wednesday it has raised a $16 million funding round. The Series B round was led by venture capital fund 83North, with additional funding from Saban Capital, and existing investors Carmel Ventures and FirstTime Ventures. That brings the 3-year-old company’s total funding to date up to $19.8 million, according to CrunchBase. MORE on BusinessInsider
Mr Oswald Yeo, Mr Seah Ying Cong and Mr Looi Qin En, all 21 years old, put their studies and scholarships on hold at the Wharton Business School and University of California, Berkeley, to help tackle the problems confronting the 75 million unemployed young people in the world. MORE on The Straits Times
Founded in 2012 by Shaul Olmert, the son of former Israeli Prime Minister Ehud Olmert, and launched just one year later, this startup is now the most shared site on Facebook, beating out household names like “The Huffington Post” and viral content competitor BuzzFeed. MORE on NoCamels
Tracx, the global leader in social enterprise platforms for Fortune 1000 companies, today announced a $18 million growth-financing round led by Edison Partners. The funding round brings the company’s total investment since founding to $28 million and includes follow-on investment from Flybridge Capital, Mousse Partners, Klingenstein, and Fields & Co. MORE on YAHOO!
Playbuzz social interactions went up by 40% in the month of October 2014, reaching more than 10 million shares with 930 content items, in comparison to HuffingtonPost with 1.3 million additional shares, but from 23,000 articles. MORE on NewsWhip