Latest news and trends about tech

Garbage in, garbage out: The power and pitfalls of AI in recruitment

When used ethically and in an evidence-based way, AI can be a force for good in recruitment and give HR managers and recruiters an objective edge that is so often lacking in the hiring process.

Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021

Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.

Malaysia-based Solarvest launches startup program focusing on RE, green tech, FinTech

Solarvest will assist in further fundraising and other grant applications that are relevant and help the company get connected by leveraging its extensive business network.

Singapore Heritas Capital Fund II

Healthcare-focused PE firm Quadria Capital mulls SPAC listing in Singapore – report

Earlier reports showed Internet entrepreneur Patrick Grove, Singapore-based PE firm Novo Tellus Capital Partners, French alternative investment manager Tikehau Capital SCA are also targeting SPAC-listing on the Singapore exchange. Other interested parties include Turmeric Capital and Temasek’s Vertex Holdings Ltd.

IoT made simple: 3 big IoT questions answered

IoT bears the potential to improve our lives and make the world a safer place. But what stands behind this technology? Here, I’ll lead you through IoT, how it works, what benefits it offers, and the challenges you need to bear in mind.

Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF

TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

It is important for individuals to understand the terms and conditions of the BNPL schemes, and to not take debt that they cannot afford, the regulator warned.

Singapore-based Funding Societies raises $18M in debt, on track to raise $120M

It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.

Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs

Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.

Legendary Ventures’ Jayson Kim on investing in SpaceX, transformative tech, and corporate innovation [Podcast Q&A]

There have been lots of winners and losers from the pandemic. Initially, service sectors such as retail, real estate, hospitality, and travel took the initial blows. But I think it’s interesting the hardest hit industries are now at the forefront of innovation given they were facing existential events.