Golden Gate Ventures | Venture Capital for Southeast Asia

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Omise first in Thailand to get milestone card security compliance certification

Omise, the region’s leader in online payment processing and risk management, has achieved the Payment Card Industry Data Security Standard (PCI DSS) version 3.2 – meaning it can to handle all credit card storage, processing and transmission. The company received this compliance from the PCI Council for its online payment platform, making it the first

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ServisHero start-up wins award at ‘ITU Telecom World’

SERVISHERO yesterday beat more than 35 start-ups to receive the top ITU Telecom World Award. ServisHero is a marketplace that improves the way local services are discovered and delivered in Southeast Asia. Launched in June, ServisHero links more than 1,000 cleaners, technicians, teachers and other service providers to customers each month. ServisHero has received more

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AI-enabled customer insight app Perx enters Malaysia with fresh funding

Singapore-based customer loyalty startup Perx has raised a strategic round of funding from Malaysia-based RHL Ventures, it was announced today. The amount is undisclosed. Perx started out as a consumer-facing mobile app for gathering loyalty points from participating businesses. Last year, the startup added a business-to-business component, helping corporate clients with customer engagement and loyalty.

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Marvel acquires prototyping tool POP

Back in May, Woomoo, the startup behind app prototyping tool POP, was acqui-hired by Priceline, leaving POP’s future a little uncertain. Today that uncertainty comes to an end with news that the U.K.’s Marvel, a rival web and app design platform, has acquired the company’s tech and user-base and will soon migrate POP’s 500,000 users

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Hong Kong’s DateTix swoons for Thailand mobile dating app

The deal is worth about US$212,000 in stock considerations and will allow Noonswoon to continue Thailand operations Hong Kong’s DateTix, an ASX-listed mobile dating app, has acquired a Thailand competitor named Noonswoon in a deal worth about US$212,000 in stock considerations. DateTix will be buying Noonswoon for 700,000 shares of its stock to be escrowed for

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SOUTHEAST ASIA OFFERS BIG EXITS (Just Not Through IPOs)

In the United States, the ideal exit for technology companies is immortalized in one iconic image: a CEO ringing the bell on the floor of the NASDAQ on the day of the company’s IPO. With the explosion of startup cultures in China and India, that image has gone international, though with a slight change of scene to Shanghai, Mumbai,

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How Southeast Asia’s VC scene stacks up to China’s VC scene

Some VC firms have a global presence. But startup investment tends to be a very local activity. Gobi Partners’ Kay-Mok Ku, Convergence Ventures’ Adrian Li and Golden Gate Ventures’ Jeffrey Paine talked about what it’s like to invest in Southeast Asia at theTechCrunch Beijing conference. While these three firms don’t have the exact same geographic

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Omise introduces new conversational commerce feature

Omise, Southeast Asia’s leader in online payment processing and risk management, on Monday announced the immediate availability of a new feature, Links, which gives businesses engaging in conversational commerce through social media platforms or messaging apps a more convenient way to request and accept online payments.   Jun Hasegawa, chief executive officer of Omise, said

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