Tonik acquires TendoPay to enter employee benefits market
Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd.…
India’s Prismforce raises $13.6M Series A funding led by Sequoia Capital India
Prismforce, an India-based vertical software as a service (SaaS) firm announced Tuesday that it has raised Series A funding of $13.6 million led by Sequoia Capital India along…
Securities Commission Malaysia revises venture capital and private equity framework
The Securities Commission Malaysia (SC) has enhanced its guidelines on the registration of venture capital (VC) and private equity (PE) corporations and management corporations…
87 percent of Malaysia consumers want a better online experience from banking services providers, a survey shows
Confidence in digital banking is rising in Malaysia but consumers want a better online experience and more personalized offerings, according to the new Asia-Pacific focused Bank…
Al Rajhi Bank Malaysia launches digital bank
Al Rajhi Bank Malaysia (ARBM) has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. Rize is built with…
2C2P and Pine Labs to expand BNPL acceptance in Southeast Asia
Singapore-based payments platform 2C2P and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) across Asia in six key markets,…
Fitch Solutions sees passenger EV sales in Malaysia to expand rapidly in 2023
Fitch Solutions, a Fitch Group unit, said Thursday that it expects passenger electric vehicle (EV) sales in Malaysia to expand rapidly in 2023, albeit from a low base due to the…
SK D&D seals deal with Glennmont to invest in solar PV projects in South Korea
South Korea-based renewable energy SK D&D has signed shareholders agreement with Glennmont Partners from Nuveen (Glennmont), one of the world’s largest fund managers investing…
MetaComp gets nod to provide digital payment token services in Singapore
Singapore-based cryptocurrency exchange MetaComp Pte. Ltd. has been awarded a licence from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a…
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, a survey shows
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, while 91 percent of tech talent are open to leaving their companies, according…
Hong Kong’s FWD partners Malaysia’s Artem Ventures to launch $10.22M fund
FWD Group Holdings Limited (FWD Group) has on Thursday announced the launch of TIM Ventures, a MYR45 million ($10.22 million) venture capital fund in collaboration with Artem…
South Korea’s BigBang Angels to establish global venture fund in Singapore with Farquhar Venture Capital
South Korean early-stage accelerator and venture capital (VC) Bigbang Angels (BBA) has on Thursday announced its formation of a global investment fund and deepens its footprint in…
