Latest news and trends about tech
Rodeo is building brand journeys and revolutionizing transit advertising with analytics [Q&A with Valens Subramaniam]
Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR from 85 investors in an equity crowdfunding campaign.
SGX-backed ADDX tokenizes global private equity fund managed by Partners Group
The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.
Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license
The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners and the Leong family of Malaysia-based property developer Mah Sing Group led by Leong Hoy Kum.
Zipmex’s Marcus Lim on access, regulation, and innovation in Southeast Asia’s FinTech and blockchain ecosystem [Q&A]
The increased confidence from institutional investors has propelled more retail investors to invest in digital assets. In turn, new financial products and services related to digital assets will be developed which may provide opportunities for both existing and new investors to participate in projects that will be the first of their kind and shape the…
Vietnam loyalty platform Society Pass plans to list on Nasdaq
The company is offering 2.9 million shares at a price range of $8 to $10. At the mid-range, this puts the IPO at around $26 million at a $188 million valuation.
How technology is transforming stock exchanges
For public stock exchanges, the biggest barriers to change are legacy systems and processes. Moving from the legacy system to a blockchain-powered one would require a bold decision to dismantle and write off large parts of the existing machinery.
Singapore-based Forge Ventures hits first close of maiden fund at $21.9M
Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.
Victor Chua of Vynn Capital on investment opportunities, finding fundable teams, and unicorn startups [Podcast Q&A]
Victor Chua is a founding and managing partner of Vynn Capital, a Southeast Asia-based VC firm with a core focus on value creation for institutional investors as well as founders of innovative startups through strategic investments into early-stage technology-driven startups.
Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn
The funds will be used to grow the user base of its e-wallet application - TrueMoney Wallet - and to expand digital financial services, including digital lending, digital investment, and cross-border remittances across Southeast Asia.
Malaysia & Singapore to link real-time payment systems in Q4 2022
The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to make real-time fund transfers between Malaysia and Singapore using just a mobile number.
