Swiss software licensing platform Lotaris anticipates boom in Asia; grows presence in the region

Here’s a story line so often repeated it gets nauseating: It’s boom time in Asia. But of course, we should all be thankful that the region’s economies are being propped up by countries like Philippines and Indonesia, which are experiencing a wave of optimism that makes them attractive to investors.

Tech companies too are moving into Asia in droves, attracted by long-term opportunities despite the precariousness of the banking sectors in Vietnam and China, which could drag the world into another recession.

Lotaris, a Swiss company that specializes in helping app developers monetize, fits into this larger narrative. It sees Asia as a big growth market, and as such, has shifted its project management, quality assurance, and strategic elements into the Singapore office. Read more

S’pore and China based Vickers leads investment in mobile solutions provider Lotaris

Singapore’s investment sector has seen some buzz lately, with Vickers Capital Group, an early-stage venture firm with offices in Shanghai and Singapore, announcing a new investment in Lotaris, a Swiss-based mobile technology company.

Vickers has led the US$9.5M (S$7.36M) Series A round with co-investors, Credit Suisse and Lausanne-based Eurofin Capital. This strategic partnership will bolster Lotaris in the Asian markets and secure growth in resources for both companies. Read more