Indonesia’s GoTo Group partners Tencent for cloud infrastructure & digital services

As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.

Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report

TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.

Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity

Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.

Temasek-backed ABC Impact leads Aye Finance $30M Series G funding

Indian fintech firm Aye Finance has entered into definitive agreements for INR 250 crores ($30 million) in Series G funding, led by Singapore’s ABC Impact, the leading Pan-Asia…

Indonesia’s eFishery to expand Indian market after positive first year achievements

EFishery, an Indonesian aquaculture technology company, intends to continue expanding the Indian market by targeting other strategic areas in India, especially South and East…

Mox Capital announces strategic support for rapid-scaling startups across Vietnam and Southeast Asia

Mox Capital, venture capital firm based in the United States, has announced its strategic support for a vast array and variety of regional high-potential startups across Vietnam…

MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities

Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and…

Momos raises $10M in Series A funding led by 645 Ventures

Singapore and the United States-headquartered artificial intelligence (AI)-powered customer platform Momos, has on Thursday announced its $10 million Series A funding led by 645…

MEXC Ventures, Foresight Ventures & Mirana Ventures establish fund for Aptos Ecosystem expansion

This fund will target promising projects built on the Aptos platform by providing resources for the development of critical Web3 use cases that utilize Aptos' infrastructure,…

J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia

To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.

Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO

Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business…

Malaysia’s Boost Bank launches SME financing solutions

Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.

Malaysia & Cambodia launch cross-border QR payments connectivity

Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.

Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank

Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with…