Fintech

With US$1.5mil, Jojonomic ramps up for SEA expansion
Mobile reimbursement platform Jojonomic raises US$1.5 million Series A round led by Maloekoe Ventures, with participation from Golden Gate Ventures, Fenox Venture Capital, and East Ventures.  
SEA's fintech ecosystem has a long way to go
Fintech is the catalyst for transformation in the financial sector Banks and regulators have much to do to improve the state of fintech in SEA  
MC Payment Raises S$6mil in Series B Round
MC Payment, a financial technology and business solutions provider based in Singapore, has raised S$6 million (US$4.5 million) in a Series B round.
Malaysians don’t just compare, they want to buy financial products online: Report
Get ready for the next level: A joint report by Google and fintech startup Jirnexu has found that consumers are moving from merely comparing financial products online towards actually buying financial products online.
PayPal launches Innovation Lab in Singapore, first outside the US
US payments giant PayPal has launched an innovation lab in Singapore that will collaborate with government agencies, SMEs, startups and academia.
Creating financial change
Juris Technology went through some tough times in pioneering a market, but is now ready to become the best credit management software provider in the world, says CEO See Wai Hun.
Bank Sinarmas allocates US$760K to Funding Societies’ Modalku platform
Bank Sinarmas has partnered with P2B lending startup Modalku, allocating about US$760,000 for the latter’s platform to fund micro and small and medium enterprises (MSMEs).
Kanopi out to spark a microfinance revolution in Indonesia
Jakarta-based startup Kanopi wants to empower Indonesia’s microfinance institutions to reach more customers, especially the country’s unbanked and underbanked communities.
What’s Next 2016: A good VC is polygamous … yeah, you read that right
VCs have to be supportive of their startups as entrepreneurship is a tough and lonely journey, according to a panellist at the What’s Next 2016 conference.
Mobile financial services promise growth potential across industries: EY
Mobile has immense potential to grow the reach of financial services and increase the convenience and ease of use for customers around the world, particularly in emerging markets, says analyst firm EY.
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