VENTURE CAPITAL POST

Dymon Asia Ventures is the newly born capital arm of Singapore-based, Dymon Asia Capital, has spring the process to raise a $50-million debut fund, and is solely dedicated to Fintech Space, DEALSTREETASIA has acquired.

Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.