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China activity drove US$5.4 billion in Asia fintech funding in 2016

Asia's fintech funding was level with US$5.5 million raised in the US fintech industry 

Kudo raises 'eight digit' round to help Indonesian SMEs digitise their businesses

The investment round was led by EMTEK Group, who had also invested in Bukalapak and Bobobobo 

TOP100 Startup Search: All aboard! Outland Inc takes off with Hellowings

Representing Taiwan, Outland Inc. will be exhibiting amongst APAC's best startups at Echelon Asia Summit 2016's TOP100 programme. 

TOP100 Startup Search: Singapore, meet your representatives simgo and DataStreamX

simgo and DataStreamX were selected as the TOP100 Judges’ Choice winners from 30 shortlisted startups competing across two tracks. 

Echelon 2015 winner PawnHero raises pre-Series A from 500 Startups, others

The online pawnshop startup has also won the 2016 Hack Osaka pitch contest in Japan held recently 

Cradle Fund adds six investment partners to its stable; will bring US$12.4M to Malaysian startups

The six investment partners will take part in one-to-one equity co-investment exercise with Cradle, investing up to RM500,000 (US$120,000) 

WearYouWant raises final Series B round from Middle East oil funder

The Thailand-based online fashion marketplace will use funds to strengthen its brand assets and presence in vertical markets 

IMJ Investment partners launches US$53M fund for Japan-based startups

IMJIP Japan Fund 1 will focus primarily on Series A or later stage investments 

Fabelio raises US$2M Series A led by Venturra Capital

Existing investors 500 Startups and IMJ Investment Partners also participated in the round 

AsmaraKu gets seed funding from Alpha JWC, IMJ Investment Partners

The e-commerce platform for 'romantic assortments' will use the funding to expand product assortments and add new features