SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round
SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of…
The K-Startup Grand Challenge 2022 opens its doors to Southeast Asia, Australia & New Zealand
Applications opened on Apr 15, 2022 and will close on May 31, 2022 for startups keen on the opportunity to work and build a strong foundation in South Korea.
Singapore’s Funding Societies steps into Vietnam in fifth market expansion
Funding Societies, a Singapore-based small and medium-sized enterprise (SME) digital financing platform, has officially launched in Vietnam on Tuesday, marking its fifth market…
Fundnel Group and BRI Ventures launch fund for Indonesian growth-stage start-ups
Fundnel Group, Southeast Asia’s largest marketplace for alternative assets, has signed a Memorandum of Understanding (MoU) on Monday with BRI Ventures (BVI), the corporate venture…
Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch
After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with…
Vietnam social commerce platform Aemi raises $2M Seed funding to provide solutions for creators and micro retailers
Aemi provides social sellers with high-end, authentic product assortment and a toolbox of inventory and marketing tools. These provide operational support for their customers.…
India’s 9Unicorns announces fifth closure of its maiden fund at $100M
9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. The company plans to invest $500,000 to…
Carousell to acquire fashion recommerce retailer Refash
Carousell Group, a Singapore-based recommerce group, announced Monday that it has signed a deal to acquire Refash, a Singapoore-based omnichannel fashion recommerce retailer, for…
Grab said to be eyeing stake in Malaysia’s sixth largest banking group AmBank – report
When contacted about the potential acquisition, Grab's communications team said the company "will not comment on rumors and speculation".
Coinhako secures licence to provide digital payment token services in Singapore
Singaporean crypto firm Coinhako has been granted the Monetary Authority of Singapore’s (MAS) official approval for a Major Payment Institution (MPI) licence which allow the firm…
Indonesia’s Moladin raises $95M Series B funding to grow its automotive ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.…
Malaysia has no plans for more digital banking licenses – report
In deciding to award five licenses, Nor Shamsiah said the central bank considered many factors, such as the size of the country’s banking system relative to the economy. “This…
Elon Musk’s $44B Twitter buyout challenged in shareholder lawsuit – report
According to Reuter's report, the lawsuit seeks to delay the merger's closing until at least 2025, declare that Twitter directors breached their fiduciary duties, and recoup legal…
Indonesian social job platform Atma raises $5M in oversubscribed pre- seed round led by AC Ventures
Atma, an Indonesia-based social job platform powered by community, said Monday it has raised $5 million in an oversubscribed pre-seed round led by AC Ventures with participation…
