Smartpay raises USD 7 million in pre-Series A round

Smartpay, a Japanese fintech company specializing in buy now, pay later solutions, has raised USD 7 million in a pre-Series A funding round led by SMBC Venture Capital. Angel Bridge, Matrix Partners, and Global Founders Capital contributed to this round.

Founded in 2020, Smartpay’s solutions also include a digital in-store payments service with free automated installments, as well as a digital financing service for users to pay for online purchases directly from their bank accounts.

WYZauto snags USD 2.25 million from Vynn Capital

WYZauto, a Thailand-headquartered online tire marketplace, has secured USD 2.25 million in funding from Vynn Capital.

This marks Vynn Capital’s inaugural investment from its new mobility and supply chain fund, which is backed by Kumpulan Wang Persaraan (KWAP), Sime Darby, Malaysia Venture Capital (MAVCAP), and AEI Capital, among other limited partners.

Other investors that participated in this investment include Vincent Lee, an early investor of Carsome, Oak Drive Ventures, and existing shareholders such as Kaya Founders.

Having expanded its operations to Malaysia in 2023, WYZauto will leverage Vynn Capital’s network to develop mutually beneficial partnerships that will accelerate its growth in the Malaysian market. —TechNode Global

SGX-listed APS to acquire Mobii Genius for USD 150 million

Asia-Pacific Strategic Investments (APS), a real estate firm listed on the Singapore Exchange (SGX), is acquiring Mobii Genius, a sustainable data solutions provider based in Taiwan, for USD 150 million.

According to a statement by APS, the firm plans to utilize Mobii Genius’ proprietary green technology, which includes carbon-neutral computing equipment and energy-saving algorithms, to drive sustainable growth and shareholder value.

“Our data infrastructure and the environment must both be healthy for the other to flourish. Mobii’s green technology has been specifically designed over the years to do just that: decrease energy waste while increasing efficiency. This acquisition by APS is poised to help make this technology more accessible to more regions, starting with our expansion into Southeast Asia,” said Tseng Kuan-Chih, CEO of Mobii Green En...