Latest news and trends about tech

Malaysia Central Bank to co-host virtual AML/CFT Hackathon 2023 to help crack down on financial crime

Malaysian Central Bank, in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023 from June 1 to 28, 2023 to develop digital solutions to help combat financial crime.

Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng

“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .

Indonesia’s eFishery sets to be a unicorn as firm “in advanced talks” to raise $100M – report

If the deal goes through, the start-up is set to join Indonesia’s growing list of tech unicorns.

Singapore’s Temasek joins United States’ BlueMark $10M funding round

BlueMark, a United States-based provider of independent impact verification and intelligence for the impact and sustainable investing market, has announced that it had closed its Series A funding round with $10 million in capital commitments from a diverse group of seven investors.

Singaporean lab-grown exotic leather producer ProjectEx aims to raise $1M in pre-seed round

Singapore-based lab-grown exotic leather producer ProjectEx, said Wednesday it aims to raise $1 million for its pre-seed round to revolutionize the luxury market with sustainable and cruelty-free exotic leather.

ScaleUp Malaysia announces Cohort IV and investments in seven Companies

ScaleUp Malaysia has announced its Cohort IV and investments in seven innovative companies. The companies selected for Cohort IV are BeeBag, Docspe, Huddle, Petotum, Stayhere, and Kabel who will receive a $100,000 investment each, while the seventh company, Sonicboom, will receive an undisclosed strategic investment.

UOB partners Lazada for enhanced payments and financial services in Southeast Asia

Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and…

Gogoro partners Enel X to deploy 2,500 battery swapping stations in Taiwan

Taiwan-based battery swapping system provider Gogoro Inc. has partnered Italy-based energy services firm Enel X to deploy 2,500 Gogoro battery swapping stations across 1,000 locations in Enel X's Virtual Power Plant (VPP) to support Taiwan's renewable energy transition.

Volopay secures major payment institution license in Singapore

Singapore-based FinTech startup Volopay.Co Pte Ltd., has been granted an in-principle approval (IPA) for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

China’s Huawei featured in Singapore’s Best Employers List for 2023

Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research firm Statista on Tuesday.