Japan’s Mizuho Bank leads neobank Tonik’s $131M Series B
Mizuho Bank, one of Japan's largest banking groups, is the latest big backer of Philippine digital bank Tonik, leading its $131 million Series B round of funding.
Singapore’s fintech investment tops $3.94B in 2021 as interest in crypto and blockchain surges, says KPMG
Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021, a 37 percent increase compared to 2020’s deal count (139 deals) and a 91 percent increase from…
NVIDIA, SoftBank announce termination of NVIDIA’s acquisition of Arm due to regulatory challenges
NVIDIA and SoftBank Group Corp announced Tuesday the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited from Softbank. Both parties have…
Taiwan’s Infinity Ventures Crypto closes its first fund at $70 Million to back GameFi, DeFi and Web 3 innovations
Taiwan's Infinity Ventures Crypto (IVC) announced the closing of its inaugural fund capped at $70 million to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3…
Malaysian fintech startup IIMMPACT raises $2 million funding from Sequoia India’s Surge
IIMMPACT announced Wednesday $2 million in seed funding by Sequoia India’s Surge. IIMMPACT is Surge’s first startup founded and based in Malaysia. The funding will be used to…
Hong Kong’s ITCS Group secures investment from Singapore’s Dymon Asia Private Equity to accelerate growth globally
ITCS Group has secured a strategic growth investment from Dymon Asia Private Equity (DAPE). Partnering with DAPE will enable ITCS to rapidly accelerate its growth to scale up the…
SO-COL raises $1.75M in seed funding co-led by DeFiance Capital and Animoca Brands
SO-COL (Social Collectables) announced the close of a $1.75 million seed round. The funding round was co-led by DeFiance Capital and Animoca Brands, with participation from Three…
Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities
Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will…
Pinmicro’s Tiby Kuruvilla on the convergence of AI, IoT, RTLS, and how digital twins will optimize work in the future [ORIGIN Innovation Awards Q&A]
As the world is entering a new normal era after the pandemic business models and execution totally changed. Digitalization will be an essential part of daily operations.…
Indian payment platform Razorpay buys majority stake in Malaysian fintech firm Curlec
Razorpay announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec for an undisclosed amount. This marks…
Australian mobile gaming firm iCandy buys 51 percent stake in Southeast Asian game developer Storms for $5.7M
iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the…
Vietnamese investing app Infina closes $6M in seed funding from Sequoia India’s Surge, Y Combinator, Saison Capital and more
Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks.…
