Bangkok-based Ascend Money has raised $150 million from a group of investors including Ant Group, at a valuation of $1.5 billion. It claims to be Thailand’s first financial technology unicorn.
US-based Bow Wave Capital Management and Thai conglomerate Charoen Pokphand Group also participated. The capital will be used to grow the user base of the company’s TrueMoney e-wallet and expand operations....
Temasek Holdings, Cathay Capital Private Equity, and Haochen Capital have led a $55 million Series B round for WeNext Technology, a China-based 3D printing specialist.
SoftBank Vision Fund 2 has made a Series D investment of undisclosed size in Japan’s Soda, operator of sneaker reselling platform Snkr Dunk, at a valuation of JPY38 billion ($336 million).
Singapore’s LingoAce, a Chinese language learning app, has raised $105 million in Series C funding led by Sequoia Capital India. It comes within a year of a $55 million Series B.
CVC Capital Partners is supporting a proposed founder-led privatization of Hong Kong-listed gaming hardware and software provider Razer that values the business at HK$24.7 billion ($3.17 billion).