IFC invests $5M in New Sturgeon Capital Fund to support tech startups across Central Asia
To promote digital economies and support the growth of early-stage tech startups in Central Asia, the International Finance Corporation (IFC) will invest up to $5 million in…
Audax Financial Technology partners Paymentology to provide end to end cards-as-a-service solution
Paymentology, a next-gen global issuer-processor, has on Wednesday announced a strategic partnership with audax Financial Technology (audax), a Singapore-based digital banking…
Singapore’s SQREEM acquires TotallyAwesome to boost youth marketing
Singapore-headquartered SQREEM Technologies, an artificial intelligence (AI) and digital behavior aggregator, has announced its definitive acquisition of Singapore’s…
Streamlining payments: Using your social media profile to get paid
The integration of social usernames as payment aliases addresses the fragmented nature of #DigitalPayments, but it goes beyond simple convenience. The integration of #Web3…
Singapore’s Allozymes raises $15M in Series A funding led by Seventure Partners, Xora Innovation
Allozymes, a Singapore-based innovator in enzyme discovery and engineering, has on Monday announced the closing of a $15 million Series A funding round led by Seventure Partners…
Sea’s revenue up 22.8 percent year on year in first quarter
Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.
IFC and EU partners with Commercial Bank of Ceylon to scale up green finance in Sri Lanka
In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) have partnered with the Commercial Bank of Ceylon…
Uber Eats to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950M
Uber Technologies, Inc. and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash.
Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia
Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).
Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers
Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for…
Teleport targets to deliver 2 mln parcels daily by 2025
Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.
Strengthening Singapore’s cybersecurity frontline with zero trust
In the digital era, #data is the new gold, driving economies and shaping societies – and just like gold, criminals covet data. #Singapore, a beacon of technological innovation and…
Bursa Carbon Exchange to soon begin offering Malaysian carbon credits via aution
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, will be hosting an auction of its first Malaysian carbon credits on 25 July 2024.
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka…
