SimpleAI raises $5m seed round, secures $10m acquisition facility
Singapore-based accounting automation company SimpleAI has raised a $5 million seed round as it shifts towards an acquisition-led strategy targeting professional services firms across the Asia-Pacific region. A lead investor has committed to the round,…
Standard Chartered launches Asia-Pacific multi-asset fund with BlackRock for wealthy clients
Standard Chartered has launched a new Asia-Pacific focused multi-asset investment fund under its Variable Capital Company (VCC) platform, expanding its wealth management offerings through a partnership with BlackRock. The bank said on Monday that the…
Asia investors stay committed to private markets as geopolitics reshapes allocations
Asia-Pacific investors are factoring geopolitical risks into private market investment decisions more than ever, even as most remain committed to the asset class and continue increasing exposure to secondary transactions, according to a survey by Coller…
Longbridge doubles down on Singapore with new wealth hub office
Fintech and online brokerage firm Longbridge Group has opened a new office in Singapore’s Marina Bay financial district and plans a second location later this year, deepening its commitment to one of Asia’s fastest-growing wealth management…
SeaX Ventures adds healthcare veteran as venture partner in biotech push
Southeast Asia- and US-focused venture capital firm SeaX Ventures has appointed healthcare design pioneer Stacey Chang as a venture partner, strengthening its healthcare and biotechnology investment capabilities as specialist investors seek opportunities…