Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint

Partnerships 

Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions

Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round.

Kashet is led by banking, technology, and service industry experts, including heavyweights Alex Wilmot-Sitwell from Bank of America and UBS, and Andrew Brookes of Bank of England, as well as international executives, Gary Steel and Jacob Waehrens.

South African online payments firm Peach Payments is looking to enter new markets after securing $31 million in funding led by Apis Growth Fund II.

Peach Payments is the second largest online payment gateway in South Africa and has operations in Kenya and Mauritius. It now plans to enter new African markets.

Bitget, a top crypto derivative and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million. The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.

Following the launch of blink instant account transfers in 2022, 

Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base.

Liminal, a wallet infrastructure and custody solutions platform, recently celebrated its successful two-year journey by announcing that it has processed transactions worth $5.6 billion on its platform, with over $550 million worth of assets under protection.

Arcesium, a leading global financial technology firm, announced today the launch of AquataTM, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data.

Lyfeguard, a life planning assistant and document management platform, has appointed ex-Director of Digital at British Airways, Jack Smith, to its advisory board to help drive commercial growth and digital customer experience strategy.