Sumsub partners Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia

Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast…

Malaysia’s CelcomDigi launches AI Experience Center

Malaysia-based telecommunication firm CelcomDigi Berhad has on Tuesday launched its CelcomDigi AI Experience Center (AiX) - a one-stop immersive innovation and collaboration hub…

Thunes inks strategic partnership with LianLian Global for new payment service

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.

Fave Singapore secures in-principle approval for MPI license from MAS

Fave Singapore, part of the fintech firm Pine Labs group, has on Wednesday announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS)…

Leader Energy secures $23M loan from HSBC to support solar projects in Vietnam

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Malaysia-based Leader Energy Holding Berhad (Leader Energy), a wholly owned subsidiary of HNG Capital, have signed a VND 593 billion…

Ant Group-backed India’s Paytm gets government panel nod to invest in its payments arm – report

The government panel had earlier held back approval due to concerns about the 9.88 percent stake in Paytm held by China's Ant Group. India has intensified scrutiny of Chinese…

Temasek’s net portfolio value rises on year to $288B this financial year

Singapore state-owned investor Temasek has reported a net portfolio value (NPV) of SGD 389 billion ($288 billion) for the financial year ended March 31, 2024, up SGD 7 billion…

Malaysian Central Bank to issue licenses to digital insurers that meet requirements

Malaysian Central Bank has on Wednesday issued the policy document on licensing and regulatory framework for digital insurers and Takaful operators (DITOs).

Hex Trust partners Monad Labs to offer custody support for the Monad Blockchain

The Hex Trust Group, a Hong Kong-based provider of digital asset solutions, has partnered Monad Labs, a global developer-forward smart contract platform, to offer custody support…

Australia‘s DigitalX to launch spot Bitcoin ETF on ASX

Australian blockchain financial company DigitalX Limited said Tuesday that it will launch spot Bitcoin exchange-traded fund on the Australian Securities Exchange (ASX).

Temasek-backed 65 Equity Partners invests $74.06M in Singapore’s advanced manufacturing service provider Hi-P

Temasek-backed global investment firm 65 Equity Partners has made an investment of SGD 100 million ($74.06 million) in Singapore-headquartered regional advanced manufacturing…

Second Xero Beautiful Business Fund launched to support Singapore’s small businesses

Xero, a New Zealand-based small business platform, has announced the return of the Xero Beautiful Business Fund for 2024 — an initiative offering more than SGD 630,000 ($466,720)…

Vietnam’s Nami Distributed Energy receives $10M investment from Clime Capital

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has invested $10 million in Nami Distributed Energy (Nami), the Vietnam-based…

HSBC partners Visa to develop Zing international money app

Global payment firm Visa and banker HSBC have on Tuesday announced the technological collaboration in support of HSBC Group’s new international payments app, Zing.