Singapore Heritas Capital Fund II

SBI, Sygnym, Azimut launch $75M digital asset-focused VC fund in Singapore

The fund aims to back digital asset companies across Europe and Southeast Asia, focusing on companies developing distributed ledger technology infrastructure, decentralized…

From TechInnovation 2021, here are some groundbreaking tech that could revolutionize industries and change the world

The event, presented by IPI, returns for its 10th edition this year as a digital event that will run around the clock from September 28 to 30, 2021. 160 international exhibitors…

Rodeo is building brand journeys and revolutionizing transit advertising with analytics [Q&A with Valens Subramaniam]

Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR…

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes global private equity fund managed by Partners Group

The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.

Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license

The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners and the Leong family of Malaysia-based property developer Mah Sing Group led by Leong Hoy Kum.

Zipmex’s Marcus Lim on access, regulation, and innovation in Southeast Asia’s FinTech and blockchain ecosystem [Q&A]

The increased confidence from institutional investors has propelled more retail investors to invest in digital assets. In turn, new financial products and services related to…

Vietnam loyalty platform Society Pass plans to list on Nasdaq

The company is offering 2.9 million shares at a price range of $8 to $10. At the mid-range, this puts the IPO at around $26 million at a $188 million valuation.

How technology is transforming stock exchanges

For public stock exchanges, the biggest barriers to change are legacy systems and processes. Moving from the legacy system to a blockchain-powered one would require a bold…

Singapore-based Forge Ventures hits first close of maiden fund at $21.9M

Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.

Victor Chua of Vynn Capital on investment opportunities, finding fundable teams, and unicorn startups [Podcast Q&A]

Victor Chua is a founding and managing partner of Vynn Capital, a Southeast Asia-based VC firm with a core focus on value creation for institutional investors as well as founders…

Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn

The funds will be used to grow the user base of its e-wallet application - TrueMoney Wallet - and to expand digital financial services, including digital lending, digital…

Malaysia & Singapore to link real-time payment systems in Q4 2022

The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to make real-time…

Startup Studio Indonesia announces 15 startups for Batch 3

Startup Studio Indonesia has selected 15 early-stage startups - out of a total of 5,723 registrants - to take part in Startup Studio Indonesia's third batch of incubation…

Ninja Van bags $578M in Series E, ropes in Alibaba as investor

The funds will be allocated towards infrastructure and technology systems that will support a sustainable long-term cost structure, as well as the quality and consistency of Ninja…