South Korea’s Wemade secures $46M investments from Shinhan, Kiwoom and Microsoft

South Korean gaming firm Wemade, has secured KRW 66 billion ($46 million) investments from Shinhan Asset Management, Kiwoom Securities and Microsoft Corporation on Wednesday.

MAS: first Industry pilot for digital asset and decentralized finance goes live

The Monetary Authority of Singapore (MAS) announced Tuesday that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi)…

Airasia super app completes Asean expansion with official launch of platform in Indonesia

The airasia super app is officially launched in Asean’s largest populated country - Indonesia on Wednesday, marking a significant milestone for the region’s fastest-growing travel…

Google Cloud launches Climate Finance Accelerator with MAS and KPMG Singapore

Google Cloud has on Thursday launched a Climate Finance Accelerator with Monetary Authority of Singapore (MAS) and KPMG Singapore to provide climate fintech firms and startups…

SPORTFIVE partners Be Media, Animoca Brands to launch first NFT digital collectibles for ASEAN football

Global sports marketing agency SPORTFIVE and Be Media, a subsidiary of Animoca Brands, announced on Thursday a partnership to jointly launch Onside, the first non-fungible tokens…

AC Ventures launches ACV Academy to support early-stage tech founders

Indonesia-based, early-stage venture capital firm AC Ventures (ACV) announced Wednesday the launch of its education platform for tech entrepreneurs in emerging markets called ACV…

Blackbird raises Australia’s largest venture capital fund at over $640M

Australian venture capital firm Blackbird said Wednesday it has raised Australia’s largest venture capital fund at just over AUD$1 billion ($640 million) in committed capital. The…

The critical role of VCs in accelerating ESG investments

Essentially, ESG is being called on to encourage organizations, especially businesses, to strongly consider factors beyond just their bottom line – particularly environmental…

Petronas, Accenture, Amazon Web Services collaborate to commercialize digital logistics platform

Petronas, Accenture and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services…

Singapore FinTech Association & 5 national FinTech associations to form Asean FinTech Movement

The MOU seeks to formalize each national FinTech association’s involvement in the formation of the ASEAN FinTech Movement, with the goal of raising the region’s profile as a…

Igloo launches blockchain-based weather index insurance for rice farmers in Vietnam

Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday…

Singapore’s DBS completes groundbreaking industry pilot with DeFi liquidity pools

Singaporean bank DBS has become one of the first banks globally to test the trading of foreign exchange (FX) and government securities using permissioned DeFi liquidity pools on…

United Kingdom’s Wise gets licence from MAS for investment product launch

Wise, the United Kingdom-based payment firm, announced Wednesday that it has received a capital markets services licence from the Monetary Authority of Singapore (MAS), which will…

United Kingdom fintech firm Weavr expands to Singapore

Weavr, a United Kingdom-headquartered technology provider that empowers businesses with plug-and-play embedded finance solutions, has set up in Singapore as part of its mission to…