Latest news and trends about tech

Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai

Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…

The future of banking: Immersive banking – the holy grail (part 3 of 3)

In this new paradigm, key services such as deposit-taking service, asset-custodian, insurance, lending services, risk management, and the offer of securities, etc. will be redistributed between different tech layers and service providers. New capabilities, such as smart contract audit or underwriting (for non-crypto assets) could also be created along the…

Cryptocurrency exchange platform FTX Trading closes $420M Series B-1 funding round, now valued at $25B

FTX Trading Ltd. announced the closing of a $420.69 million Series B-1 fundraise, increasing the valuation of the company to $25 billion.

Singapore EdTech Doyobi raises $2.8M pre-Series A led by Monk’s Hill Ventures

Doyobi has closed a $2.8 million pre-series A round led by Monk’s Hill Ventures, to upskill teachers And bring STEM to schools in Asia and the Middle East.

Grab expands merchant services for SMEs across Southeast Asia

This is in line with Grab Financial Group’s move to be more merchant-centric in its offerings and support its merchants’ business growth across the region.

Pakistan logistics startup Rider raises $2.3M Seed round led by Global Founders Capital, Fatima Gobi Ventures and ADB Ventures

The fund will be used to grow its logistics and e-commerce markets, expand its network, and integrate its proven last-mile service into other key parts of the value chain.

Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Sequoia China, Dragonfly Capital, others

Animoca Brands has closed a capital raise for $65 million conducted at a pre-money valuation of $2.2 billion.

Malaysia to roll out digital ID in 2024

The digital ID will use the latest biometric technology such as fingerprints, facial or iris recognition.

Singapore aerial mobility firm H3 Dynamics closes $26 million Series B funding

H3 Dynamics Holdings Pte Ltd has closed a $26 million Series B funding to accelerate its global mission to decarbonize air mobility.

ADIA to lead GoTo Group’s pre-IPO fundraising with $400M investment

GoTo Group has entered into an agreement with Abu Dhabi Investment Authority (ADIA) to lead GoTo's pre-IPO fundraising with a $400 million investment.