Zooming in on preference shares

We dig into the topic of preference shares and look at a wealthtech startup that’s just raised funds. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [What you need to know about preference shares]( - Australia-based SafetyCulture tops Tech in Asia's weekly funding list - Other newsy highlights such as a new unicorn in India and the concerns people have with Malaysia’s new social media licensing framework --------------------------------------------------------------- Hello {NAME} The other day, my brother and I were looking at our insurance paperwork, trying to figure out what coverage we had and exactly what we’d be entitled to in the event we met an untimely end. Trying to parse the language on the documents gave me a right headache - there were several terms and phrases that you don’t see outside of a legal document, and it’s a lot for the average person to try and understand. The startup world, too, has its share of paperwork. One of the most important is the shareholder agreement, which holds crucial implications for existing shareholders and the startup’s management. Preference shares are one aspect of a SHA where founders need to tread carefully - we go deeper in today’s premium story. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Preference shares in your startup’s funding deal? Be careful]( Preference shares can accrue interest or grant extra board seats, among other things, both potentially harmful to startups. --------------------------------------------------------------- TRENDING NEWS [Malaysia’s social media licensing plan could hurt innovation, SMEs: analysts]( Malaysia's new licensing framework for social media platforms with over 8 million users has sparked concern from tech giants like Meta, Google, and Amazon. They argue that the framework lacks clarity and could stifle innovation due to compliance costs and regulatory ambiguity. [Moneyview becomes unicorn with new funding]( The India-based consumer lending platform has achieved unicorn status after its latest round, which saw participation from existing investors Accel India and Nexus Ventures. Moneyview, which was founded in 2014, provides various loan and credit offerings. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Weekly funding: Australia-based SafetyCulture raises $110m]( Keep track of all the startup investment activities in Asia through our weekly funding list. --------------------------------------------------------------- DESIGNERS CODING, ENGINEERS DESIGNING - IS THAT POSSIBLE?  Spoiler alert: yes, and we're proving it Buckle up - the future of design speaks fluent AI, and we’re here to translate. This exclusive roundtable on September 26 is your backstage pass to the expanding intersection of design and AI, where creativity meets algorithms and workflows transform into intelligent, collaborative ecosystems. We're unpacking how AI can help you improve traditional processes, build innovative products, and gain a competitive edge. 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