<article>Social Weaver has closed a pre-seed investment and QUOINE has partnered with Blockwave.</article>

Social Weaver has closed a pre-seed investment and QUOINE has partnered with Blockwave.
<h3>Social Weaver closes pre-seed investment</h3>
Singapore-based parenting site Social Weaver has raised pre-seed funding from a pool of angel investors that includes banking and technology professionals in Singapore and abroad. Financial terms of the round were not disclosed.
“I think Social Weaver is making a bold attempt to solve this problem, and their approach of becoming a one-stop marketplace for parenting needs hasn&#8217;t been tried before by other sites in this industry,” said angel investor and entrepreneur Sudhanshu Tewari.
A platform that allows parents to discover and book local services for their family, review products or services, and write queries to other parents, Social Weaver has a curated database of about 4,000 recommended service providers in Singapore across various categories; it looks to position itself as a marketplace for service providers to connect with parents, promote their services, and easily build and manage leads.
Founded by Sumedha Khoche and Kaivalya Gundu, it aims to consolidate relevant information and services into a single parenting portal and aims to address the market in Southeast Asia, which it reports has over 64 million parents and a $20-billion childcare market.
It aims to differentiate itself by building a large data bank of local knowledge. Khoche, who serves as co-founder and the CEO, explains: “We want to make the discovery and booking of great local services instant and fuss-free, so we simplify the process for both parents and service providers.”
<h3>QUOINE partners Blockwave</h3>
Cryptocurrency exchange QUOINE, which has roots in Singapore and Japan, has partnered with Canadian startup Blockwave to bring blockchain fintech services to Canada, starting with the launch of a cryptocurrency exchange before the end of 2017.
QUOINE will deploy its trading engine powering its bitcoin exchange and trading platform, QUOINEX, to deliver the same trading performance for Canadian customers, which includes efficient trade execution, analysis tools and security that utilises multi-factor authentication and dedicated private servers, among other measures.
In a statement, Mike Kayamori, CEO and Co-founder of QUOINE, said, &#8220;We see a lot of opportunity for QUOINE to serve the Canadian market more effectively with a local, trusted partner. At QUOINE, we believe in collaboration with fintech startups to help drive our mission to democratize finance by growing the crypto economy.&#8221;
QUOINE received its official license from the Japan Financial Services Agency (JFSA) in September 2017.
Going forward, QUOINE and Blockwave plan to launch margin-trading features in 2018.
Also Read:
<a href="https://www.dealstreetasia.com/stories/singapore-bitcoin-exchange-quoine-raises-20m-venture-investment-44702/">Singapore: Bitcoin exchange Quoine raises $20m venture investment</a>
<a class="tinymce-colortext" style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/607050-mike-kayamori-quoine-60705/">Many opportunities for many blockchains: Mike Kayamori, QUOINE</a>
<a class="tinymce-colortext" style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/singapore-regulate-cryptocurrencies-84967/">Singapore won’t regulate cryptocurrencies, says MAS chief</a>

Parenting site Social Weaver has raised pre-seed funding from angel investors including banking and technology professionals in Singapore and abroad.

SG Dealbook: Social Weaver raises pre-seed funding; QUOINE partners Blockwave

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SG Dealbook: Social Weaver raises pre-seed funding; QUOINE partners Blockwave

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