Malaysia’s Touch ‘n Go eWallet and Singapore’s Dotlines collaborate to include migrants into the cashless society
Touch ‘n Go eWallet announced Monday that it is collaborating with Singapore's Dotlines to provide digital solutions for migrants in Malaysia. A cashless society is now closer…
March 21, 2022
SEAIndonesiaBlockchain / Crypto
Finch Asia, IndoGen Capital, and Tokocrypto execs launch Southeast Asia focused Web3 projects fund
Finch Asia and IndoGen Capital are forming a web3-focused investment fund, named Cydonia, onboarding seasoned profiles from the blockchain landscape as the partners, notably Teguh…
March 21, 2022
NewsIndonesiaeCommerceInvestments
Indonesian e-grocery startup Sayurbox raises $120M Series C funding led by Alpha JWC, Northstar
Sayurbox announced Monday its oversubscribed Series C round of $120+ million led by Northstar and Alpha JWC Ventures, with participation from new investor International Finance…
March 21, 2022
Vickers Venture SPAC VCKA to merge with US biopharmaceutical firm Scilex
Vickers Venture Partners' Nasdaq-listed special purpose acquisition company (SPAC) Vickers Vantage Corp I is merging with Scilex Holding Company (Scilex), a majority-owned…
March 18, 2022
Infobip’s Nikola Pavesic on unicorns, customer experience, and investing in the community [Q&A]
CX should not be an afterthought and investments should consider the quickly evolving landscape and emerging technologies. The last thing you want is to put your entire innovation…
March 18, 2022
Carsome and Public Bank sign MoU for car financing collaboration
Malaysian lender Public Bank said Friday the bank and Carsome has officially signed a Memorandum of Understanding (MoU) for greater business collaborations. With this MoU, the…
March 18, 2022
Grab Financial Group partners Sedania to provide Shariah-compliant financing to Malaysian drivers
Grab financial arm Grab Financial Group (GFG) Malaysia and Sedania Innovator Bhd’s fintech subsidiary Sedania As Salam Capital Sdn Bhd (SASC) announced Friday they are partnering…
March 18, 2022
NewsBlockchain / CryptoSingapore
Singapore’s Digital Treasures Center gets regulatory nod to provide digital payment token
Singapore payment firm Digital Treasures Center (DTC) said Wednesday the Monetary Authority of Singapore (MAS) has awarded the company In-Principle Approval (IPA) to provide…
March 18, 2022
Singapore’s Rainforest acquires baby care brand NatureBond
Rainforest, a Singapore-based eCommerce buy and build player, announced Thursday that it has completed the acquisition of Millenium Enterprises including its flagship brand…
March 17, 2022
Australia’s Linktree raises $110M funding led by Index Ventures and Coatue at a valuation of $1.3 billion
Linktree has raised $110 million funding led by Index Ventures and Coatue at a valuation of $1.3 billion. The company's fast-paced growth trajectory to 24 million users in the…
March 17, 2022
Airwallex partners with Choco Up to empower cross-border e-commerce
Airwallex, announced Thursday its partnership with Choco Up to support the future growth of cross-border ecommerce. By combining Airwallex’s proprietary global payments…
March 17, 2022
Mergers and AcquisitionsNewsSEAMalaysiaSingaporeeCommerceTransportation
Malaysia’s Carsome acquires majority stake in Singapore integrated automotive firm CarTimes Automobile
Malaysia-based integrated car e-commerce platform Carsome Group Pte Ltd (Carsome) announced Thursday the acquisition of 51 percent stake in Singapore integrated automotive firm…
March 17, 2022
Malaysia’s MRANTI to open new learning and development centre to ramp up technology-savvy talent pool and innovation portfolio
The Malaysia Research Accelerator for Technology and Innovation (MRANTI) will be opening a 2,000 square feet MakersLab in May, to ramp up its technology-savvy talent pool and its…
March 17, 2022
Starbucks partners with Grab to enhance Starbucks experience for customers in Southeast Asia
Starbucks announced Wednesday an integrated partnership with Grab across six markets, including the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. The…
March 17, 2022
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