WeLab and Astra complete Bank Jasa Jakarta acquisition
WeLab, a Hong Kong-based fintech platform, announced Monday the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra…
Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures
Singapore-based agri-biotech company Nutrition Technologies has on Monday completed an equity venture round of $20 million led by PTT Ventures. The round was supported by Sumitomo…
MAS and IFSCA to pursue cross-border FinTech innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) on Monday signed a FinTech co-operation agreement (CA) to facilitate…
Hong Kong’s Animoca Brands to acquire US gaming firm WePlay Media
Animoca Brands, the Hong Kong-based blockchain gaming firm, announced Friday it will acquire WePlay Media Holdings LLC, the sole shareholder of XXL Racing LLC, an official…
Why Ethereum Merge will be game-changing for DeFi and crypto investing
Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.
US’s Sigmoid closes $12M primary and secondary fundraise from Sequoia Capital India
Sigmoid, a United States-based data engineering, analytics and artificial intelligence (AI) solutions company, announced Thursday that it has closed a Series B investment of $12…
Winter is coming, but startups can be prepared with the right tech planning
Cloud services provide access to top-notch infrastructure at low upfront costs and allow startups to launch products at a faster pace. It also helps the product team to scale…
Sequoia India and Southeast Asia’s Surge back EdTech firm Virtual Internships $14.3M fund raise
Virtual Internships, a United Kingdom-based EdTech company, announced Thursday that it has closed a $14.3 million Series A raise led by Hambro Perks. The round was also supported…
Sea Ltd’s top management to forgo salaries as firm cuts cost – report
The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.
Japan’s Softbank considers launching third Vision Fund – report
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said.
