Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack
Upstage plans to use the funds raised to recruit a large number of AI specialists and developers to accelerate the development of its ‘AI Pack.'
Indonesia’s Indepay launches tara.app, an open transfer platform aimed at accelerating digital payments for consumers and MSMEs
The tara.app framework relies on open APIs with deep integration with major banks, financial institutions, and technology partners. Indepay says that nine major banks are in the…
L Catterton-backed dental firm Zenyum plans expansion across Asia as clear aligners gain popularity
Zenyum's fundraising and expansion plans come as clear aligners are gaining popularity across Asia and Southeast Asia, trailing trends in the US and Europe. Since its founding in…
Japan eGift firm Giftee invests in Indonesian customer loyalty platform TADA
Giftee's investment into TADA Network marks its second major investment outside of Japan as part of the company's expansion in Southeast Asia.
Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures
SCB Abacus will use the fresh funds to strengthen its digital infrastructures, drive product adoption and recruit additional talent.
Electric scooter maker & battery-swapping platform Gogoro to go public via merger with Poema Global SPAC, resulting in $2.35B enterprise value
Gogoro's battery swapping ecosystem enables smart mobility for two-wheel electric vehicles--an alternative 'refueling' means comparable to gassing up at traditional refueling…
6 Ways to master the impact of email marketing
The key to success lies in that your email is read, chosen, and remembered in comparison with the other emails in the consumers’ inbox. One can easily say that email marketing is…
Ripple’s Brooks Entwistle on the promising future of digital payments [Q&A]
An emerging preference for digital payments naturally leads to consumers increasingly demanding faster and more affordable payment options--which in turn is spurring innovation…
Singapore online marketplace Carousell becomes Southeast Asia’s latest unicorn after raising $100M
The latest funding round also came after Carousell raised $80 million in an investment round led by South Korean tech giant Naver in September last year.
Indonesia FinTech firm Xendit reaches unicorn status with $150M Series C led by Tiger Global Management
With the latest investment, Xendit plans to continue innovating its product suite, with sights on expansion into select countries across Southeast Asia.
Bank of China, DBS & HSBC join GSBN to form Trade Finance Advisory Group to transform global trade
The advisory group will explore the technical, legal, and regulatory frameworks needed to break the siloes between the global supply chain and financial institutions.
3 Reasons why Southeast Asia’s e-commerce is set to explode
An e-commerce aggregator, iPrice Group, analyzed the most visited e-commerce platforms in Southeast Asia to predict where the market is heading towards and what exciting…
Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I
Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.
