Asia Digest: ShopRunBack raises $900k; hoolah expands to Malaysia
Summary
French-Cambodian logistics startup ShopRunBack has raised $900,000 in a pre-series A round led by Phnom Penh-based VC fund Obor Capital while Singapore-based fintech company hoolah has announced it is bringing its interest-free installment solution to Malaysia. French-Cambodian logistics startup ShopRunBack has raised $900,000 in a pre-series A round led by Phnom Penh-based VC fund Obor Capital, according to an announcement. The startup aims to transform the returns experience of both customers and merchants through an international logistics network with a new generation of plug-and-play software. It launched its commercial operations in Singapore in February 2018, focusing on online merchants in the retail, travel and airline verticals. The company said it has partnered with Singapore-based sneaker and streetwear marketplace Novelship and luxury fashion platform BlinQ to launch its service in Malaysia.