86 percent of investors plan to invest the same or more in private capital over next 12 months, says Preqin

While competition for assets, valuations, and rising interest rates top the list of investor concerns, more than a third (35 percent) plan to invest more in private capital over…

HSBC enters the metaverse via partnership with The Sandbox

HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial…

Singapore employment platform Multiplier raises $60M led by Tiger Global, Sequoia Capital India

Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new…

Rainforest’s Per-Ola Röst on innovating microbrands through centralized, seamless, cross-border fulfillment [Q&A]

"Operating microbrands in SEA today is a complex venture from an operational perspective. Compared with Amazon’s PAN-EU fulfillment program -- allowing brands to unlock the entire…

Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore

Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel…

Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding

ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’…

Singapore cryptocurrency firm Hodlnaut gets license from Singapore regulator for additional payment services

Hodlnaut has received an in-principle approval (IPA) letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment…

Indonesia’s Wagely nets additional $8.3M in oversubscribed pre-series A funding

Wagely has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and…

Hong Kong’s Hex Trust raises $88M in Series B funding co-led by Animoca Brands and Liberty City Ventures

Hex Trust has closed its Series B funding round of $88 million co-led by Animoca Brands and Liberty City Ventures. Participants in the round included Ripple, Terra, Morgan Creek,…

Grab’s top execs extend stock lock-up period as share price tumbles

Grab said it believes that "this extension is a reflection of the continued, collective belief by the members of the Executive Committee in the business fundamentals and prospects…

Rukita acquires Infokost.id to strengthens its position as market leader in Indonesia’s Prop-Tech industry

Rukita is strengthening its position as a market leader in the prop-tech industry by officially acquiring Infokost.id. It had relaunched Infokost.id to the public in February…

[Updated] Indonesia’s GoTo to raise $1.25B in local IPO – report

GoTo, a merger of ride-hailing giant Gojek and e-commerce firm Tokopedia, said it plans to sell up to 52 billion Series A shares and set a price range of 316 to 346 rupiah per…

Indonesia’s RRQ teams up Alterra to launch RRQ Guild to build and support play-to-earn communities

Rex Regum Qeon (also known as RRQ) on Tuesday launched its new project RRQ Guild, in collaboration with tech startup Alterra, to expand blockchain based play-to-earn communities…

Malaysia Aviation Group partners with hoolah for travellers in Malaysia, SG, HK to pay for flights over time

Malaysia Aviation Group (MAG) announced Tuesday a regional partnership with hoolah to provide a seamless and convenient payment option for travellers. Through this collaboration,…