Author: Digital News Asia

Short-term rental startup Travelio lands US$2mil funding
Jakarta-based online short‐term home rental startup Travelio said it has raised US$2 million in a pre‐Series A round led by Shanghai-based VC firm Gobi Partners.
ABSS Click to Pay gives Singapore SMEs an edge
ABSS and Mint Payments launch ABSS Click to Pay, a comprehensive e-invoicing and payments solution targeted at SMEs.
Mellanox sets up APAC regional Hq in Singapore
Mellanox Technologies Ltd has announced the opening of its new Asia Pacific headquarters and solutions centre in Singapore, to be operational by November.
Japan’s GMO Payment Gateway makes ‘strategic investment’ in Macrokiosk
Macrokiosk Bhd announced it has secured a direct strategic investment from GMO Internet Group’s unit, GMO Payment Gateway Inc.
Smartphones distract, lower efficiency: Kaspersky Lab
Smartphones are useful to stay in touch with colleagues, check email and complete urgent tasks on the go.However, productivity falls when someone is at their desk, according to a  psychological experiment commissioned by Kaspersky Lab.
Videogaming legend accused of theft
According to an amended lawsuit in the US, Palmer Luckey, the founder of Oculus and the 'boy genius' behind the VR headset, Oculus Rift, did not invent anything. The updated lawsuit accuses videogame legend and the programming genius behind games such as Wolfenstein, Doom and Quake, John Carmack, of stealing VR-related trade secrets to help Oculus.  
MC Payment Raises S$6mil in Series B Round
MC Payment, a financial technology and business solutions provider based in Singapore, has raised S$6 million (US$4.5 million) in a Series B round.
Consortium rolls out blockchain trade finance app in Singapore
Bank of America Merrill Lynch, HSBC and the IDA said they have jointly developed a prototype solution built on blockchain technology that could change the way businesses around the world trade with each other.
AdAsia launches its CastingAsia ‘influencer’ marketing platform
AdAsia Holdings has launched its CastingAsia ‘influencer’ marketing platform, which will be integrated into its AdAsia Digital Platform portfolio
On-demand mobile device repairs startup Fynd lands US$385K funding
On-demand mobile device repair platform Fynd said it has raised S$520,000 in a pre-Series A funding round led by Far East Ventures, and supported by angel investor and industry veteran Koh Boon Hwee.  
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