Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024
Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.
Singapore’s Lendela names Kent Huang, Steven Wong as CFO and CTO to scale APAC expansion
Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology…
Digido partners PalawanPay to strengthen credit access in the Philippines
Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC),…
East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis
Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures…
TNGlobal Tracker: Startup Funding Snapshot for January 2025
The Southeast Asia (SEA) Monthly Funding Tracker for January 2025 highlights some recovery in funding activity. Total funding amounted to $748 million across 17 rounds, marking a…
Mober launches Philippines’ first-ever fully electric tractor head
Mober, a green logistics services provider based in the Philippines, has unveiled the country's first 100 percent electric tractor head truck, marking a significant expansion of…
AirAsia MOVE’s monthly active users and number of transactions up quarter on quarter in fourth quarter 2024
Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has achieved higher monthly active users (MAUs) and number of transactions during the fourth quarter of…
Nissan and Honda scrap merger plan
Japanese automakers Nissan Motor Co., Ltd. and Honda Motor Co., Ltd., have on Thursday terminated their merger plan.
Thailand’s HD HD boosts Series A to $7.8M to accelerate healthcare marketplace and AI in Southeast Asia
HD, a Thailand-based healthcare and surgery marketplace, has on Thursday announced the close of a Series A-1 strategic extension round with participation from the United…
NCT partners with OM Charge to build EV infrastructure at NSIP
Malaysia’s Managed Industrial Park (MIP) NCT Group of Companies, has partnered with OM Charge Sdn. Bhd to create a more sustainable transportation ecosystem at NCT Smart…
AEON Bank and MADCash team up to launch program to empower female microentrepreneurs
Malaysia-based Islamic digital bank AEON Bank (M) Berhad has embarked on a strategic collaboration with fintech enabler focusing on female empowerment MADCash Sdn. Bhd. to empower…
Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive Solutions
Aura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a…
Singapore’s Finmo secures $18.5M in Series A funding round co-led by Quona Capital, PayPal Ventures
Finmo, the Singapore-based treasury operating system (TOS), has on Thursday announced its successful oversubscribed $18.5 million Series A funding round, bringing its total…
Singapore’s Trident signs preliminary collaboration agreement with Congo government for implementation of National Digital Identity System
This preliminary collaboration agreement signifies the operational launch of a comprehensive digital identification and authentication platform in the DRC. It formalizes the…
