Latest news and trends about tech

Stripe, Vertex Ventures Southeast Asia & India to launch SEA and India-focused program to support seed-funded founders

This program is the first project from the partnership between VVSEAI, an early-stage VC fund known for its investments into unicorns such as Grab, and Stripe, and the two companies are aiming to develop more initiatives such as a dedicated mentorship program to support founders in the challenging economic climate.

Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”

Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.

Icetea Labs, Polygon and Alpha Venture DAO announce inaugural Web3 accelerator program for SEA region

Web3 leading incubator Icetea Labs announced Monday the creation of its inaugural Web3 accelerator program in conjunction with Polygon, one of the top blockchain development platforms offering scalable and sustainable blockchains and Alpha Venture DAO, the leading Web3 venture builder and incubator in Southeast Asia.

Startups need a Product Marketer before hiring a Marketing Director

With product-led growth becoming more and more popular, product marketing managers (PMMs) currently occupy the hottest role in startup marketing, and for good reason: the process of product marketing begins much, much earlier than demand generation and/or campaign-based integrated marketing communications (the work a Director of Marketing would typically…

Funding Societies launches enhanced SME-focused term financing BizFund

Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its latest enhanced product BizFund, to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic.

Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip

Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in Indonesia and across Southeast Asia (SEA). The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industry and marks SoPa's first foray into…

Indonesian MSME enabler majoo raises $10M series A funding

Indonesia-based micro, small and medium enterprises (MSME) enabler majoo announced on Monday that it raised a $10 million series A funding round led by an undisclosed global technology investor. The deal was joined by existing investors AC Ventures, Quona Capital, BRI Ventures, and Xendit.

Philippine parenting e-commerce start-up edamama closes $20M Series A funding

Edamama, the Philippines’ leading parenting-focused e-commerce platform, has secured a $20 million Series A funding round led by Alpha JWC Ventures. The round was also participated by its existing investors including Gentree Fund, Robinsons Retail Holdings Inc. (RRHI), and Kickstart Ventures.

Philippines pauses Virtual Asset Service Provider licenses for three years

The Bangko Sentral ng Pilipinas (BSP), the Philippines Central Bank, said Friday it has approved a modified approach which involved the closure of the regular application window for new VASP licenses for a period of three years and grant of new VASP licenses only to existing BSP supervised financial institutions (BSFIs).