Latest news and trends about tech

Led by Insights Partners, Spenmo has clinched one of Singapore’s largest Series A funding rounds to date.

The fresh funds will be used to expand the leadership and growth teams, to enter new geographies and to deepen technology development.

Ezyhaul and DHL will both take a share in DigiHaul, and the investment will be used to support "ambitious growth plans" through customer and transporter acquisition.

Alternative assets are going mainstream and this expands the asset space dramatically. All types of assets will be increasingly digitized, fractionalized, and tokenized--along with the liquidity built around it.

The partnership reinforces the alignment between Fave's and Google Pay’s visions in providing a seamless mode of payment while rewarding a new generation of savvy consumers in their day-to-day transactions.

Xendit will relocate its financial hub to Malaysia, following an investment from the Malaysian government’s venture capital investment fund.

Against growing demand for such vehicles for high-growth companies, the current SPAC framework is being reviewed for greater efficiency, the regulator reportedly said.

The company has also received interest from leagues and fans across the globe to replicate Sorare model in other sports and it plans to roll out new sports in 2022.

Cars24 plans to use the fresh capital to deepen its presence in the United Arab Emirates and Australian markets, where it has made recent forays, and build its cars, bikes and financing business in India while investing in technology.

The funding will be used to grow Dagangan's house brand of private-label local products, product development, talent acquisition, and grow partnerships with community leaders, key opinion leaders, local entrepreneurs, and village chiefs.