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Jum Balea · · 2 min read

Spiking, OnlinePajak, and more: SE Asian startups to check out this week

Which are the startups that are on the path to becoming the next big thing? In this regular post, we give you an overview of the companies that have raised money in the past week, as well as those that we think investors should look at. Want your startup featured on this list? Details below.

1. Spiking (Singapore)

Spiking is an app that allows users to track the stock picks of big-time investors. It’s branching out to do the same for cryptocurrency traders.

Amount raised: US$30 million via private token sale
Lead buyer: Charlie In, chairman of Sequoia Capital Hong Kong and Singapore-based financial consulting firm Raffles Capital
More info

2. OnlinePajak (Indonesia)

OnlinePajak is a web app that helps individual and business taxpayers to calculate and pay their taxes. Operating on a freemium model, the service allows users to manage their tax payments for free. It charges for additional premium features such as invoicing and employee payroll management.

Amount raised: US$25 million
Round: Series B
Investors: Led by Warburg Pincus and joined by Endeavour Catalyst and Global Innovation Fund
More info

3. Roojai (Thailand)

Roojai is an online platform that aims to improve consumers’ access to auto insurance in a transparent and cost-effective way.

Amount raised: US$7 million
Round: Series A
Investor: International Finance Corporation
More info

4. Beam (Singapore)

Beam is focused on expanding transportation options in Asia, beginning with e-scooters. Its CEO had stints at bike-sharing startup Ofo and ride-hailer Uber.

Amount raised: US$6.4 million
Round: Seed
Investors: Led by Sequoia India, Founders Fund, Zhenfund, and Class 5 Global
More info

5. Smove (Singapore)

Smove wants to make cities more liveable by improving the way people move. It gives people without cars the ability to hire one when they need it or on short notice in just three to five clicks via their mobile phones.

More info

6. Uiza (Singapore)

Originally from Vietnam and now based in Singapore, Uiza is a complete toolkit for building video-streaming applications with unlimited scalability. The startup snagged the top spot at the recent Tech in Asia Jakarta 2018 Arena pitch battle.

More info


Is your startup headquartered in Southeast Asia? Want your startup to be featured in future editions of this list? Here are the steps:

  1. Check if your startup’s profile already exists on Tech in Asia through our company search feature.
  2. Go to the create a company profile page. You’ll need an account to be able to do so. Fill out the name of your company. If your company profile is already in our database, you have the option of claiming it and modifying the details. If your company profile doesn’t exist, please create one.
  3. Fill out this form with your startup’s details. We’ll review it when we make a new list.

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Community Writer

Jum Balea

A Filipino journalist who's preparing to join a Southeast Asian VC (soon). She formerly held roles at The Ken, Tech in Asia, and Manila-based Rappler and ABS-CBN. Twitter: @jumbalea