Hong Kong’s Animoca Brands to acquire French blockchain game developer Darewise

Animoca Brands, the company Hong Kong-based firm advancing digital property rights for gaming and the metaverse, announced Wednesday it will acquire Darewise Entertainment, a…

Japan e-scooter sharing operator Luup raises $8M through debt and asset financing

Luup, Inc, a Japan-based sharing service of electric micromobility including e-scooters and e-bikes, said Wednesday it has raised a total of 1 billion yen ($7.97 million) through…

Japan messaging app LINE launches NFT marketplace in Japan

LVC Corporation, operator of Japan-based LINE's crypto asset and blockchain businesses, on Wednesday launched LINE NFT, a non-fungible token (NFT) marketplace available only in…

Singapore medtech firm Us2.ai raises $15M Series A funding led by IHH Healthcare and Heal Partners

Us2.ai, a Singapore-based medtech developer, announced Thursday it has raised $15 million in a series A round led by IHH Healthcare and Heal Partners, with participation from…

EY: Global IPO market sees significant slowdown in Q1; Malaysia’s exchanges lead by proceeds in Asean

During this quarter, Indonesia’s IDX was most active by deal numbers (12 IPOs raising $219 million), while Malaysia’s exchanges led by proceeds ($362 million via 5 IPOs). In other…

India’s Pine Labs makes significant investment in Mosambee, boosting latter’s valuation to $100M

India-based merchant commerce platform Pine Labs announced Wednesday that it has made a significant majority investment into Mosambee, a end-to-end payment solution provider in…

Malaysia marketing tech firm Involve Asia expands to Vietnam

Vietnam is an important market for Involve Asia as it is one of the fastest-growing economies in Southeast Asia with a vibrant and technologically savvy population, Involve Asia…

DBS/POSB partners Singaporean government to offer digital payment in schools

Singapore financial services group DBS/POSB and the Ministry of Education (MOE) in Singapore announced Wednesday a three-year Memorandum of Understanding (MOU) to widen the access…

Singapore’s eSports firm ESPL partners Philippine’s Yield Guild Games for crypto NFT gaming

Sedania Innovator Berhad (Sedania)'s Singapore-based Esports Players League (ESPL) on Wednesday announced a partnership with Yield Guild Games Southeast Asia (YGG SEA) as part of…

India’s PhableCare raises $25M in Series B funding led by Kalaari Capital

PhableCare, an India-based chronic disease management company, said Monday it has raised Series B funding of INR187 crores ($25 million) led by Kalaari Capital with participation…

NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health

EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced…

FOMO Pay unveils first cryptocurrency payment solution for retailers in Singapore

Singapore-based FinTech firm FOMO Pay said Wednesday it has rolled out a new cryptocurrency (crypto) payment solution for retailers in Singapore, which allowed them to accept…

Indonesian digital lender JULO secures $80M from Credit Saison

JULO, an Indonesia-based FinTech firm, said Wednesday it has secured $80 million funding from Credit Saison, a Japanese financial services company affiliated to Mizuho Financial…

Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet

Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both…