[Updated] Indonesia unicorn Traveloka said to halt talks with Bridgetown SPAC – report
The Southeast Asian online travel company will likely explore going public via a traditional initial public offering (IPO) in the US market, according to the report.
The future of MSME financing will be collaborative, says IFS Capital’s Renchun Zeng [Q&A]
The future of SME financing will be increasingly tech-driven, inclusive, and accessible. Innovative financial solutions by traditional financial institutions and fintech firms…
Southeast Asia’s top 50 rising women in tech 2021 [Updated]
More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making…
Hong Kong’s Pickupp expands Malaysian footprint with first regional hub in Penang
The announcement follows its parent company, Pickupp Ltd’s recent $15 million Series A and Series A+ financing.
Singapore caregiving platform Homage raises $20M Series C round led by Sheares Healthcare Group
The oversubscribed round makes it one of the largest financing rounds raised by an on-demand care platform in Southeast Asia and the Oceania region and brings Homage’s total…
SGX-listed iFAST Corp to continue digital bank ambition in Malaysia [Q&A]
It will target B40 segment while eyeing low-cost deposits globally.
Grab-Euromonitor report: Southeast Asia online food delivery spend to hit $28B in 2025
Growth is expected to be fastest in emerging markets such as Myanmar, Vietnam and the Philippines, with the total regional online food delivery Gross Merchandise Value (GMV) to…
Vietnam healthcare marketplace Thuocsi.vn raises $9M in Series A funding round led by Smilegate Investment
The fresh funds will be used to grow its distribution network both in Vietnam and in other parts of Southeast Asia.
Vietnam merchant platform KiotViet raises $45M in Series B funding round led by KKR
KKR is making its investment in KiotViet from its Asian private equity fund.
NZ student wellbeing platform Komodo raises $1.28M Seed round to focus on ensuring mental wellbeing amid the pandemic
Komodo is a wrap-around software solution that leverages data and insights gleaned from psychologist-built surveys to help schools identify at-risk students and mitigate the…
Singapore Exchange introduces SPAC listing framework
SGX said it will work with the Securities Investors Association (Singapore) to increase retail investors’ understanding of SPACs through collaborative efforts including the…
Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements
Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.
ADDX, ICHAM ink $200M agreement linked to China government-granted quota for offshore investments
ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing…
