Latest news and trends about tech

Singapore insurtech Igloo extends footprint in Malaysia with Pine Labs partnership

Igloo has partnered with Pine Labs to extend of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under the IglooCare Program.

Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M

1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15 million, is looking to invest in a total of 30 start-ups primarily in the fintech sector across Southeast Asia. Its first fund has been backed by US fintech unicorn Carta, Asia’s…

India payment technology platform Juspay raises $60M in Series C funding led by SoftBank

Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.

Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia

Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange. Binance will provide world-class asset management infrastructure and technology to support the development of the new exchange platform.

Indonesia to launch Merah Putih Fund worth $200M to support local ‘soonicorns’ – report

Erick said Indonesia has the potential to create more unicorns, 25 in his estimation.

For the Botsync team, collaborative automation will be key to accelerating digitalization in logistics [Q&A]

Botsync is a robotics startup founded in Singapore that specializes in AMR-based (Autonomous Mobile Robot) automation solutions.

Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ

The company said the timing is just right as it believes that Southeast Asia is on the verge of producing many more great tech companies in years to come.

Malaysia fintech and e-wallet provider MyMy set for beta testing and reveals Malaysian-inspired product innovations

MyMy has released its wave of leading-edge card and app features as it gears up for targeted beta testing this January, 2022. Backed by demands from in-depth market studies, MyMy’s frontline offerings include a numberless prepaid card that enhances the security of physical payment transactions. As for online transactions, it introduces a seamless biometric…

Can blockchain-powered microinsurance become a new global standard? [Panel discussion podcast]

Essentially, microinsurance is insurance with low premiums, covering potentially up to billions of people at scale, especially for those who can’t afford regular insurance. Today, microinsurance products cover more than 290 million people globally, each having at least one policy.

Nike acquires C Ventures-backed virtual sneaker maker RTFKT

NIKE, Inc. has acquired RTFKT, a C Ventures-backed brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming. This acquisition is another step that accelerates Nike’s digital transformation and allows the group to serve athletes and creators at the intersection of sport, creativity, gaming and…