
CDIB leads round for Taiwan crypto-fiat start-up
CDIB Capital Group has led a $17 million pre-Series A round for Xrex, a Taiwan-based financial technology player that uses blockchain to facilitate cross-border payments by small and medium-sized enterprises (SMEs).
Additional commitments came from four venture capital firms based in North America and Europe – Global Founders Capital, Seraph Group, ThreeD Capital, and Metaplanet Holdings – as well as Japan’s...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.