Asia Digest: Silverlake rolls out new product; Yoopies acquires HK’s HelperChoice

Photo by Verne Ho on Unsplash

Malaysia’s Silverlake Digital has launched MYTHEO, a personalized digital investment service, while Paris-based babysitter seeking platform Yoopies has acquired Hong Kong-based HelperChoice.

Malaysia’s Silverlake Digital in pact with Japan’s Money Design 

Malaysia’s Silverlake Digital INX, a member of Silverlake Group, and Japanese Money Design have launched MYTHEO, a personalised digital investment management service for Malaysian customers, the company said in a statement on Tuesday.

Through a joint-venture company named GAX MD, MYTHEO expects to support financial literacy and inclusiveness, especially for millennials.

Malaysia is seen as an attractive market for financial services as it has a relatively young and tech-savvy population, aged between 22 and 40 years old, making up 29 per cent of the country’s population.

MYTHEO’s technology offers customers e-payment service, biometric recognition, voice activation commands, chatbot, and big data analysis.

French platform Yoopies acquires HK-based HelperChoice

Yoopies, a French babysitter seeking platform, has acquired HelperChoice, a Hong Kong-based platform that connects foreign domestic workers with families seeking helpers.

Non-resident workers often pay illegal fees to recruitment agencies or even loan sharks to be able to work in Hong Kong or Singapore. HelperChoice, which operates in both these markets, claims to have facilitated over 50,000 recruitments since its inception in 2012.

With the acquisition of HelperChoice, Yoopies will strengthen its presence in Asia and develop its business beyond Europe, a statement said.

Yoopies, founded in 2011, secured 4.2 million euros in its Series A financing round in 2017 from Silicon Valley-based Runa Capital and Franco-German venture capital firm Xange. The company previously acquired two European babysitter seeking platforms, findababysitter.com and Yokoro.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.