OVVY, an online marketplace for household services, has raised S$600,000 in seed funding from Rapzo Capital, a family-funded investment company based in Singapore that invests in early-stage startups.
Ovvy was launched in Singapore in June 2018. It connects users with household service providers such as plumbers, painters or electricians. It has recorded 30,000 downloads since June, of whom some 20,000 are active users of the app, including service providers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brokers brave China's FX market crackdown in hunt for household high rollersLURED by hopes that China's retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a grey area of the country's online trading sector, even as Beijing vows to wipe out such activities. Despite its booming middle-class, household foreign exchange trading in the world's most populous nation has been insignificant, restricted by tight cross-border capital controls and a ban on currency margin trading, in which investors borrow money to trade. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Local e-wallet company YouTrip sets sights on regional expansion after raising US$25.5 million in fundingParticipating investors include private investment entities and venture capital firm Insignia Ventures Partners.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »