MAS, Temasek Trust collaborate to accelerate growth of FinTech and impact ecosystem

Monetary Authority of Singapore (MAS) and Temasek Trust have collaborated to accelerate growth of FinTech and impact ecosystem. Temasek Trust has signed a letter of intent (LOI)…

Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype

Malaysia-based energy firm Yinson Holdings Berhad (Yinson)'s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of…

Singapore’s Wind.App raises $3.8M funding from Global Founders Capital, Spartan Group

Singapore fintech firm Wind.App has announced a successful $3.8 million pre-seed funding round. The round was co-led by Global Founders Capital and Spartan Group, and saw…

Chiliz welcomes Animoca Brands to its SportFi ecosystem

Malta-based blockchain firm Chiliz announced on Monday that Hong Kong-based gaming firm Animoca Brands has joined its blockchain network as a validator and leading participant,…

Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs

SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, an unified SME digital…

Malaysia’s JCorp invests $1.74 million into Singapore-based agritech firm Archisen

Malaysia-based state investment firm Johor Corporation (JCorp) Group will invest MYR 8.2 million ($1.74 million) into Singapore-based agritech firm Archisen Pte Ltd. FarmByte, a…

Singapore skyline SGX SPAC

UNDP, MAS and partners launch Universal Trusted Credentials initiative for MSME financing

The United Nations Development Program (UNDP), the Monetary Authority of Singapore (MAS), Bank of Ghana (BoG), Global Legal Entity Identifier Foundation (GLEIF) and the SME…

Grab-backed GXBank unveils beta bank app

GX Bank Berhad (GXBank), the Grab-backed Malaysian digital bank, is officially rolling out its beta app to selected 20,000 Malaysians users effective November 14, 2023. This comes…

Dubai launches $136M venture capital fund designed to finance technology startups

The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth $136 million. The fund is designed to finance technology…

The trifecta effect: Fostering consequential conversations at the intersection of policy, technology, and finance

To drive the global fintech industry in the #Web3 era, there is a pressing need to foster a more timely and synergistic dialogue between policymakers, technologists, and financial…

Singapore’s CapitaLand India Trust secures $157M to develop Navi Mumbai data center

Singapore's CapitaLand India Trust (CLINT) has secured a five-year construction loan of INR13 billion ($157 million) from J.P. Morgan India to finance phase 1 development of its…

selective focus photography of graph

The promising and challenging terrain of embedded finance in Southeast Asia

In the rapidly evolving world of financial technology, few themes resonate as powerfully as embedded finance. It stands as a beacon that enables truly seamless and frictionless…

AIZEN Global and Grab forge partnership in mobility finance

AIZEN Global, a South Korea-based artificial intelligence (AI)-powered financial services, has announced a strategic partnership agreement with Grab, Southeast Asia's leading…