Percipient funding
The story: Singapore’s digital banking technology company Percipient has raised US$5 million funding.
Investor: Silicon Valley-based VC firm Stat Zero.
Plans with the capital: To support the launch of its digital twin solution TWINNTM.
What does Percipient do?:
Founded in 2015, Percipient is a financial services digital transformation company. TWINNTM is a digital twin for financial services that enables banks and insurers choked by legacy systems to “rapidly create a lightweight, enhanced and API-ready representation of enterprise data and processes”.
By implementing the TWINNTM, AI-powered digital services, partnerships and customer experiences are realisable without retiring or rearchitecting legacy systems. Organisations can add or transition to new-age product processors, cloud platforms and fintech solutions without the high costs, disruption risks and long project cycles of big-bang migrations.
Partipost funding
The story: Partipost, a crowd influencer marketing and commerce platform in Singapore, has secured an investment of US$3.5 million.
Investors: SPH Ventures (lead), Quest Ventures, and other unnamed investors.
Plans with the funds: To further develop Partipost’s tech platform and accelerate business expansion into Vietnam, the Philippines and Malaysia, as well as strengthen current operations in Singapore, Indonesia and Taiwan.
What does Partipost do?:
It matches brands to influencers with the highest brand affinity to drive authentic word of mouth marketing.
With data insights collected through its in-app polls and user behaviours, Partipost’s data-centric framework crowdsources influencers with follower sizes ranging from a few hundred to millions of followers.
Driving from consumers’ familiarity and increasing trust for influencer marketing and commerce, Partipost rewards influencers for both their media reach and message impact in their curated social media content message, measured in their followers’ responses.
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Image Credit: Partipost
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