United Kingdom’s LMAX gets license to offer NDF trading in Singapore
LMAX Group, a United Kingdom-based operator of institutional exchanges for trading foreign exchange (FX) and digital assets, has on Wednesday announced that it has secured license…
Circles X delivers telco-as-a-service in Indonesia with Google Cloud
Circles, a technology firm in Singapore, has rapidly deployed its Circles X telco-as-a-service solution in Indonesia, guided by Google Cloud’s DevOps Research and Assessment…
OpenAI researchers warned board of AI breakthrough ahead of CEO ouster – report
The news report came after Open AI announced that it will bring back Altman and appoint new board members, after nearly all of its employees threatened to leave the AI startup…
Vietnam’s akaBot expands its reach into Malaysia
AkaBot, a Vietnam-based robotic process automation (RPA) solutions provider, has officially introduced the strategy to extend its services and solutions in the Malaysia market.…
Singapore’s Climate Alpha raises $5M in seed round led by Jungle Ventures
Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million…
Aggregate Asset Management ties up with ADDX to list diversified deep-value equity fund
Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy…
Antler announces $2M in funding for startups across Singapore and Indonesia
Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has…
TikTok mulls investing in Indonesia’s GoTo to revive online shop – report
Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the…
Singapore fintech firm Lendela secures $5M in oversubscribed Series A round
Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by…
How Southeast Asia’s SMEs can benefit from digital transformation and cloud combined
#DigitalTransformation and #cloud are a powerful combination that #SMEs in #SoutheastAsia need to harness for continued growth and success.
Singapore’s Carro in talks to raise over $100M ahead of potential US IPO – report
Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.
UBS Optimus Foundation and Swiss Re Foundation invest over $2M to kickstart a new partnership with Terratai
Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and…
Binance pleads guilty to US money laundering violations, CEO Changpeng Zhao steps down
Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in…
Sam Altman will return as OpenAI CEO after staff threatened to resign
Altman’s departure follows a deliberative review process by the board, which concluded that he was "not consistently candid in his communications with the board", hindering its…
