Vietnamese insurtech firm Medici raises Series A funding for technology infrastructure

The emerging insurtech and healthtech platform based in Vietnam Medici has been backed with an undisclosed amount in Series A funding from its existing investors, including lead…

Reduce volatility in telco churn to drive massive profitability

The most forward-thinking brands like amaysim are changing how they view customer engagement and they are increasing retention budgets as they go, recognizing that keeping a…

Grab and Singtel launch Singapore’s first digital bank

GXS Bank (GXS) which is backed by a consortium consisting of Grab Holdings (Grab) and Singtel on Wednesday launched Singapore’s first digital bank for consumers and businesses.…

Indonesia’s KLAR Smile bags $4.55M pre-series A funding co-led by AC Ventures and East Ventures

Klar Smile, an oral wellness startup in Indonesia, announced Tuesday that it raised a $4.5 million pre-series A funding round co-led by AC Ventures and East Ventures. Other…

Singapore’s iPiD secures $3.3M seed funding to grow industry support and senior hire

Singaporean FinTech start-up iPiD announced Tuesday a $3.3 million seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures,…

GoTo’s 2Q revenue up 45 percent to $370.38M

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday its gross revenue for the second quarter of 2022 increased by 45 percent year on…

Wix Partners with TripleA to enable Wix business owners to accept cryptocurrency payments

TripleA, a licensed crypto payment gateway in Singapore, on Tuesday announced the launch of their partnership with Wix, a United States-listed global software as a service (SaaS)…

Validus and Citi establish $100M facility to drive SME financing

Singapore FinTech firm Validus and global bank Citibank N.A. (Citi) announced Tuesday the establishment of a $100 million securitisation facility, collateralised by small and…

Hybrid working actually increases our carbon footprint – here’s why, and how businesses and building owners can tackle it

In the era of hybrid working, the continual greening of both commercial and residential buildings will be pivotal in advancing the global net zero target.

Singapore’s Lightnet receives $50M capital commitment from LDA Capital

Singapore FinTech firm the Lightnet Group (Lightnet) has secured a $50 million capital commitment from LDA Capital Ltd (LDA) to grow its infrastructure, operations, and expand its…