Tag: MDI Ventures

CYFIRMA, a Singapore-based cybersecurity company, has received a strategic investment from MDI Ventures, the venture capital arm of PT Telekomunikasi Indonesia Tbk (Telkom Group).

Accelerating Asia, an international early-stage venture capital fund, has broadcast its investment into a fresh collection of companies.

Indonesia-based InsurTech platform Qoala has reportedly netted $13.5m in its Series A round, which was led by Centauri Fund, a joint vehicle from Kookmin Bank and Telkom Indonesia.

Mobile payments solution QFPay has reportedly raised $20m in funding to support its international expansion plans.

Asia-based cross-border payments company InstaReM has held the first close of its $45m Series C round.

FinAccel, a credit risk automation solution, has raised $30m for is Series B funding round led by Square Peg Capital.

Singapore-headquartered e-commerce technology developer Anchanto has raised $4m in its ongoing Series C round.

Singapore-based Red Dot Payment has closed its Series B funding round picking up around $5.2m, which the company will use to improve its infrastructure.