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SPACs expected to help Singapore break driest IPO spell in years
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SPACs can help Singapore break driest IPO spell in years
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Aug 03 2021, 7:13 PM
August 03 2021, 1:31 AM
August 03 2021, 7:13 PM
(Bloomberg) FinAccel Pte, the parent company of Indonesian fintech startup Kredivo, agreed to go public in the U.S. through a merger with a blank-check firm that values the combined companies at $2.5 billion.
(Bloomberg) FinAccel Pte, the parent company of Indonesian fintech startup Kredivo, agreed to go public in the U.S. through a merger with a blank-check firm that values the combined companies at $2.5 billion.
FinAccel is merging with VPC Impact Acquisition Holdings II, a special purpose acquisition company sponsored by Chicago-based Victory Park Capital Advisors LLC, the companies said in a statement on Tuesday.
Singapore Fintech Startup Nium Tops $1 Billion Valuation
Jul 27 2021, 11:58 AM
July 27 2021, 8:00 AM
July 27 2021, 11:58 AM
(Bloomberg) Singaporeâs Nium Pte, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than $200 million in fresh funding.
(Bloomberg) Singaporeâs Nium Pte, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than $200 million in fresh funding.
The company said Tuesday its value topped $1 billion after a Series D round led by Menlo Park, California-based Riverwood Capital LLC. Other backers included Temasek Holdings Pte, Visa Inc., Vertex Ventures, Beacon Venture Capital and Rocket Capital. Singaporeâs sovereign wealth fund GIC Pte also joined the round, according to a person familiar with the matter who asked not to be named.
Singapore fintech startup Nium tops US$1bil valuation
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.