In today’s briefing:
- BuzzAR lands US$1.16M in funding to boost Saudi tourism with AI-driven travel companion | e27
- Finfra Secures US$2.5M to Power Indonesia’s Lending Ecosystem in New Partnership with Tyme Group|E27
BuzzAR lands US$1.16M in funding to boost Saudi tourism with AI-driven travel companion | e27
- Singapore-based mixed reality and AI company BuzzAR has secured US$1.16 million in funding from the HSBC New Economy Fund.
- The firm is using the money raised to expand its presence in the Middle East and North Africa (MENA) region, particularly Saudi Arabia, where it has partnered with the tourism department.
- Founded in 2018 by Bell Beh and Ken Lim, BuzzAR specialises in experiential engagements that bridge the gap between offline and online spaces for its clients.
Finfra Secures US$2.5M to Power Indonesia’s Lending Ecosystem in New Partnership with Tyme Group|E27
- Indonesia-based lending infrastructure firm Finfra has received US$2.5 million in a funding round led by Cento Ventures.
- Accion Venture Lab, Z Venture Capital, Matiss Ansviesulis (founder of Avafin), and existing investors also participated.
- The company will use the new funds to expand onboarding capabilities for customers and target profitability. Additionally, Finfra plans to enhance its data analytics, scoring, and risk assessment products.
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