Connect with us

Technology

Qashier Turns Profitable on US$1 Billion in Annual Payment Volume, Raises US$6.125 Million to Accelerate Regional Expansion

Published

on

The Singapore-headquartered merchant operating system grew annualised recurring revenue 61% in 2025 and turned profitable across four Southeast Asian markets on a lean capital base.

SINGAPORE, June 30, 2026 /PRNewswire/ — Qashier, a unified merchant operating system for Southeast Asia, today announced a US$6.125 million Series A+ financing round comprising equity and debt. The round was led by Cocoon Capital, IFP Securities and BlackSoil Global, with participation from strategic angel investors. The capital will support regional expansion and product development.

The raise follows a year of disciplined operating progress. Qashier now processes US$1 billion in annualised payment volume for more than 20,000 merchants across Singapore, Malaysia, Thailand and the Philippines, and has been profitable every month since December 2025. Over the year it grew annualised recurring revenue 61% and secured its Major Payment Institution licence in Singapore in February 2025. The company has reached these milestones having raised under US$20 million to date, a level of capital efficiency rare among payments businesses at its scale.

Southeast Asia is home to more than 70 million SMEs and a digital payments market exceeding US$1 trillion, yet most merchants still run their businesses on disconnected systems — separate providers for point-of-sale, payment acceptance, inventory, customer engagement and financing. That fragmentation adds cost, creates blind spots, and holds back businesses trying to grow across outlets and borders.

Qashier brings these functions onto a single platform, combining payments, business software, CRM and embedded financial services across more than 50 integrated modules — spanning ordering, inventory management, loyalty and automated marketing — and over 20 regional payment methods, including cards, QR, e-wallets and buy-now-pay-later. Crucially, Qashier owns its end-to-end payments stack — KYC, processing, payouts and cross-border settlement — giving merchants a faster, fully integrated experience and more competitive pricing, while generating the proprietary transaction data that powers the rest of the platform.

That data advantage is most visible in QashierLoans, the company’s revenue-based lending product launched in June 2025. Underwritten entirely on proprietary platform data and repaid automatically from each merchant’s daily sales, QashierLoans has disbursed more than US$10 million to over 100 SMEs since launch — extending Qashier’s role from commerce software provider to financial operating partner, and turning every transaction on the platform into a sharper credit signal.

“We are building the operating system for Southeast Asia’s SME economy — and we are building it profitably,” said Christopher Choo, Co-Founder and CEO of Qashier. “Merchants should not have to stitch together five vendors to run one business. By bringing payments, software, financial services and customer engagement into a single ecosystem, we give them clarity, lower costs and the confidence to scale across markets. This round lets us leverage that advantage into the next phase of growth.”

Cocoon Capital has backed Qashier since its early days. “We have been proud to support Qashier since its beginning, and this latest round is a testament to what the team has built,” said Michael Blakey of Cocoon Capital. “What continues to impress us is their ability to navigate every obstacle placed in their path with resilience and ingenuity. Qashier’s cofounders, Christopher Choo and Franklin Zhao, have an exceptionally clear and compelling vision for what Qashier is becoming, ‘the default operating infrastructure for commerce across Southeast Asia,’ and we remain firmly committed to supporting that journey.”

With the new funding, Qashier will focus on enhanced omnichannel payments, broader embedded financial services, and AI-enabled insights and workflow automation. It will also expand its offering for larger, multi-outlet businesses, particularly in food and beverage and beauty and wellness, where merchants require sophisticated workflows, consolidated reporting and a consistent customer experience across locations and markets. Qashier is preparing for a Series B round to fund its next phase of growth, with milestones expected in recurring revenue, payment licensing and loan disbursements.

About Qashier

Qashier is a unified merchant operating system that brings together payments, business software, embedded financial services and customer engagement tools on one platform. Operating across Singapore, Malaysia, Thailand and the Philippines, Qashier supports more than 20,000 SMEs with an integrated ecosystem built for Southeast Asia’s digital economy.

About Cocoon Capital

Cocoon Capital® is a Singapore-based venture capital firm focused on early-stage investments in enterprise software and deep tech across Southeast Asia. Founded in 2016, Cocoon has more than USD 90 million assets under management and has made over 30 investments to date. The firm backs companies building transformative solutions in sectors including medtech, advanced manufacturing, logistics, diagnostics, and climate tech. With its slogan “Dare to Change™”, Cocoon stands apart by leading early, taking concentrated positions, and working hands-on with founders from Seed through Series A. Portfolio companies include Aprisium, TransTRACK, Shomvob, Augmentus, Bioactivx, BuyMed, See-Mode Technologies, and Volt14. Learn more at www.cocooncap.com.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/qashier-turns-profitable-on-us1-billion-in-annual-payment-volume-raises-us6-125-million-to-accelerate-regional-expansion-302814059.html

SOURCE Cocoon Capital; Qashier Pte. Ltd.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Aprisium Signs MoU with TÜVAUSTRIA to Advance Real-Time Monitoring in Europe and the Middle East

Published

on

By

Singapore-based deep tech company expands European ambitions across AI data centres, PFAS detection, and mission-critical industrial sectors

SINGAPORE, June 30, 2026 /PRNewswire/ — Aprisium Pte Ltd, a Singapore-based deep tech company specialising in real-time, autonomous contamination monitoring and backed by Cocoon Capital, is expanding in Europe with advanced solutions for mission-critical sectors including AI data centres, semiconductors, industrial water, and environmental compliance.

As Europe accelerates investment in AI infrastructure, data centres are facing increasing pressure to improve uptime, water efficiency, thermal reliability, and environmental performance. Aprisium’s real-time monitoring solutions are designed to support this transition by delivering continuous intelligence across both primary and secondary cooling loops.

For AI data centres using direct liquid cooling (DLC), Aprisium provides real-time monitoring of primary loop water quality, currently aligned to ASHRAE Standard 188, and secondary loop DLC fluids, aligned to Open Compute Project (OCP) reference standards. By enabling faster detection of contamination, corrosion risk, fluid degradation, and operational anomalies, Aprisium helps operators protect high-value compute infrastructure while improving resilience, sustainability, and operating efficiency.

In addition to data centre applications, Aprisium is advancing rapid, on-site PFAS detection capabilities. The company’s technology is being developed to detect PFAS speciated to individual molecules with a limit of quantification down to 1 ppt, currently in validation across key regulated PFAS compounds. This capability has the potential to reduce turnaround times from days to hours compared with conventional laboratory-based approaches, helping industries, regulators, and communities respond faster to one of the world’s most urgent environmental contamination challenges.

Aprisium recently signed a Memorandum of Understanding with TÜVAUSTRIA Group during Singapore International Water Week, marking an important step toward building a complementary collaboration in real-time monitoring, laboratory services, validation, and certification. The MoU was signed by Adrian Lo, Executive Vice President, TÜVAUSTRIA Group / TÜV Austria Singapore Pte Ltd, and Raghav Narayan, CEO, Aprisium Pte Ltd.

Founded in 1872, TÜVAUSTRIA is an internationally recognised testing, inspection, and certification group with services across more than 40 countries. Through this collaboration, TÜVAUSTRIA’s strong presence and credibility in Europe and the Middle East can support Aprisium’s expansion into these strategic markets, including as a potential channel partner. Aprisium can, in turn, support TÜVAUSTRIA’s clients in APAC with advanced laboratory services, real-time on-site monitoring, and faster turnaround solutions.

“This collaboration is about combining real-time intelligence with trusted validation. For sectors such as AI data centres, semiconductors, pharmaceuticals, and industrial wastewater, the ability to detect risk earlier, respond faster, and demonstrate compliance with confidence is becoming essential. Europe is a natural growth market for Aprisium, given its strong focus on sustainability, regulatory assurance, and high-reliability infrastructure.”

— Raghav Narayan, CEO, Aprisium Pte Ltd

“Europe’s rapid investment in AI infrastructure and environmental compliance is creating real demand for continuous monitoring. This collaboration with TÜVAUSTRIA gives Aprisium a credible route into these markets, and we are proud to back a Singapore deep tech company taking its technology onto the global stage.”

— Michael Blakey, Managing Partner, Cocoon Capital

Aprisium’s European expansion will focus on high-growth and mission-critical sectors, including AI data centres, PFAS monitoring, semiconductor manufacturing, pharmaceuticals, and industrial wastewater. The company aims to bring Singapore-developed deep tech solutions to customers seeking faster insights, stronger compliance, and more resilient operations.

About Aprisium
Aprisium Pte Ltd is a Singapore-based deep tech company delivering real-time, autonomous contamination monitoring solutions for water and fluid systems. Its technologies combine advanced sensing, IoT-enabled analysers, AI-powered analytics, and on-site intelligence to help industries detect contamination at source, optimise operations, reduce waste, and improve both sustainability and profitability.

 

View original content:https://www.prnewswire.co.uk/news-releases/aprisium-signs-mou-with-tuvaustria-to-advance-real-time-monitoring-in-europe-and-the-middle-east-302814267.html

Continue Reading

Technology

Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

Published

on

By

STOCKHOLM, June 30, 2026 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 30, 2026, the total number of issued shares of common stock is 75,654,373 of which 73,236,410 shares are outstanding.

Autoliv retired 1,647,002 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares.

The Company now has a total of 75,654,373 issued shares of common stock of which 73,236,410 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares, Autoliv holds 2,417,963 shares of common stock in treasury which have no voting rights or rights to participate in distributions under Delaware law.

This information is of such character that Autoliv, Inc. is obliged to disclose in accordance with the Swedish Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact persons set out below, on June 30, 2026, 09:30 CET.

Inquiries:
Investors & Analysts: ir@autoliv.com
Anders Trapp, Tel +46 (0)709 578 171 or Henrik Kaar, Tel +46 (0)709 578 114

About Autoliv

Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-retires-repurchased-shares–decreases-number-of-issued-shares,c4368877

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/autoliv-retires-repurchased-shares-decreases-number-of-issued-shares-302814270.html

Continue Reading

Technology

The First 34″ 5K 5120 x 2160 Philips Business Monitor Featuring DLG Technology Launches with Dual Mode, Delivering Versatility for Mixed Workflows.

Published

on

By

SINGAPORE, June 30, 2026 /PRNewswire/ — Philips launches its groundbreaking 34B2U5900C monitor, the first curved 34″ 5K (5120×2160) 120Hz business display featuring DLG technology to 240Hz fast, responsive performance. This award-winning (IF Design Awards 2024) device redefines workplace productivity with dual-mode versatility, top-tier visuals, and seamless connectivity.

Dual Mode – Flexibility Between Visual Clarity and High-Speed Performance
Professionals who work with versatile workflows need a monitor which can adapt to their needs. The Philips monitor features Dual Mode, a function which enables power users to toggle between two performance modes. When visual clarity is the priority, it delivers 5K (5120 x 2160) resolution at 120Hz. For performance-intensive tasks that require multi-tasking, users can instantly switch to display multiple applications with WFHD (2560 x 1080) resolution at rapid 240Hz. Dual Mode is the ideal feature for gamers and multi-tasking ‘power-user’ professionals.

Calman Ready Color Accuracy for Creative Professionals
For the creative professional, this monitor comes Calman Ready so it can communicate directly with the Portrait Displays calibration software. Calman Ready displays enable creatives and content creators to re-create that Hollywood-grade color thanks to automatic color calibration technology. This same color calibration technology is widely used in professional film and broadcast workflows to achieve consistent, studio-grade color accuracy.

Stunning and Considerate Picture Quality
For professionals looking to elevate their workflow with clear and crisp visuals without extra strain on their eyes, this monitor is an ideal fit. This monitor’s 34″ curved VA display offers WUHD resolution, 178° wide viewing angles, DisplayHDR 400, TÜV Rheinland Low Blue Light, and Eyesafe® 2.0—delivering premium visuals with minimized eye strain for digital professionals.

Engineered for Versatile Connectivity in a Modern Workplace
The monitor delivers versatile, standard-aligned connectivity: a 140W USB-C port enabling seamless hardware integration and reliable charging, USB 3.2 ports for high-speed data transfers, and an RJ45 Ethernet port offering secure, stable connectivity with MAPT, PXE, and WOL support. It also incorporates user-centric and sustainable features, including SmartKVM (source switching via triple “Ctrl” presses), Power Sensor and Light Sensor for optimized energy use, an adjustable (height, tilt, swivel) stand, and a built-in earphone hook.

Packed with all these features, this monitor is an ideal, effective workspace solution. Philips 34B2U5900C is now available.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/the-first-34-5k-5120-x-2160-philips-business-monitor-featuring-dlg-technology-launches-with-dual-mode-delivering-versatility-for-mixed-workflows-302814275.html

SOURCE Philips

Continue Reading

Trending