Digital banking is the most competitive sector in Southeast Asia’s fintech market, says Rabocash

The digital banking sector is the most competitive in the Southeast Asia (SEA), with a score of 9,692 on the Herfindahl-Hirschman Index (HHI) (reverse) index, Robocash Group said…

Southeast Asia ecommerce achieves $ 99.5B GMV in 2022, says Momentum Works

Southeast Asia Ecommerce achieved $99.5 billion gross merchandises value (GMV) in 2022, 1.8 times that of 2020 - the first year of the pandemic, a report showed Thursday.…

Gusto Collective expands into SEA with acquisition of Mercury Integrated

Hong Kong-based brand technology group Gusto Collective is expanding into Southeast Asia (SEA) with acquisition of Singapore-based luxury-marketing firm Mercury Integrated.

Malaysia secures $1.79B investment commitments at London Tech Week – report

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital…

Malaysia’s Agmo inks MoU with Alibaba Cloud for EV superapp

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud…

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Netskope’s Colin Estep on managing cybersecurity risks amid “Great Resignation” [Q&A]

"Departing employees are not the only ones posing a risk. Virtually any employee can exfiltrate #data, whether inadvertently or on purpose. It would be a mistake for organizations…

India’s HighXP raises $2.2M in seed funding led by 3one4 Capital

HighXP, an India-based casual gaming studio building social games, has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime…

India’s Indifi Technologies raises $35M in Series E funding led by ICICI Venture

Indifi Technologies (Indifi), an India-based digital technology platforms, has on Tuesday successfully raised Rs 290 Crores ($35 million) in its Series E funding round. Funds…

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Data centers: Fueling the Generative AI economy

As the #GenerativeAI wave continues to surge, the demand for #datacenters grows alongside it. However, the industry must tackle the challenges posed by talent scarcity and…

Malaysia to reform startup ecosystem, focus on investment, says minister – report

“We will persuade these 20 agencies (related to the ecosystem) that we will have to move towards a single window approach similar to what we have done with the visa application…

Singapore-based deeptech startup Zero-Error Systems raises $7.5M in oversubscribed Series A funding

Zero-Error Systems (ZES), a Singapore-based deeptech startup, has secured an investment of $7.5 million in an oversubscribed Series A funding round. The funding round saw…

Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed round

ApartX, a Quest Ventures-backed property technology startup focused on rental property management, has on Wednesday announced that it had secured seed funding of $250,000 from…

Malaysia’s Sunway accelerates net zero ambitions with Cambridge-based Deeptech Labs

Sunway Group, a Malaysia-based conglomerate, has on Monday announced a strategic partnership with Deeptech Labs, a venture capital (VC) fund and deeptech specific accelerator…

Hong Kong’s Finblox launches tokenized US T-Bills with OpenEden

Finblox, a Hong Kong-based crypto superapp backed by Dragonfly and Saison Capital, has announced the launch of tokenized rights to US Treasury Bills (T-Bills) in partnership with…