Singapore-based fintech, Tazapay which specializes in cross-border payments has raised $16.9 million in Series A. Plans are to broaden its business across Asia and expand to other regions, including the Middle East and Europe.
Aspire Pte, a fintech startup, defied the market downturn trend and raised $100 million, doubling the company’s valuation. The company has provided financial services for more than 15,000 business accounts since it’s founding in 2018.
VC Dila have invested in 11 companies and intend to invest in 10 to 15 more with their fourth fund. He said the investment ticket will range from one to four million dollars in early-stage and Series A technology companies. Among the companies that Dila Capital has invested in LatAm are the fintech Kushki, the healthtech Moons, and one of its most recent investments, Mattilda, a fintech focused on schools that raised US$10 million last October.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.