Singapore fintech startup Asenso Tech snags $1.2m funding from Talino Venture, CARD MRI

Singapore-based fintech company Asenso Tech has secured an investment of $1.2 million from local enterprise venture accelerator Talino Venture Labs and the Philippine microfinance institution CARD MRI, according to a report by e27.

Formed as a joint venture between Talino and CARD MRI, Asenso develops a platform that provides micro, small, and medium entrepreneurs (MSMEs) with access to capital, supply chain, marketplace, and loyalty and rewards systems. The company aims to help connect these small businesses, particularly community-based ‘mom and pop’ stores, with consumer packaged goods manufacturers.

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