Tonik raises $6m to fund Philippine digibank
The digital bank in the Philippines targets to start its commercial operations in the third quarter of 2020. Source link
The Monetary Authority of Singapore is currently deliberating the 21 applications it’s received for digital bank licenses in the city-state….
It has teamed up with Sheng Siong, FWD, LinkSure Global, Insignia Ventures Partners, and Carro. Source link
Each startup from the accelerator’s seventh batch received US$50,000. Source link
The company will use the investment to develop new products and software as well as support its distribution partners. Source…
VC firm Insignia Ventures Partners and “major Asian family offices” participated in the round. Source link
Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin…