Supply chain fintech TASConnect snaps up Solv Malaysia and Solv Vietnam
The acquisition of Solv Malaysia has been completed, while the Solv Vietnam purchase remains ongoing.
The acquisition of Solv Malaysia has been completed, while the Solv Vietnam purchase remains ongoing.
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
The joint venture will initially receive a $100 million capitalisation from both companies.
Audax has been designed to help banks and financial institutions accelerate their digital transformation.
Appro is designed to reduce application times for a range of banking products from several hours to three minutes.
SC Ventures says TASConnect will unlock “significant value” for organisations.
Named Shoal, the platform leverages Starling’s Banking-as-a-Service offering.
The new platform will be launched in Q4 2021 in partnership with BC Technology Group.
It will tap into China’s advances in artificial intelligence, biometrics and mobile payments.
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
New adventures beckon as SC Ventures plans to invest in fintechs and other start-ups.