Mastercard partners with Asian digital currency firms to launch first Crypto-linked payment cards in Asia Pacific

Mastercard has partnered with three Asia Pacific (APAC) cryptocurrency service providers Amber Group (Hong Kong), Bitkub (Thailand) and CoinJar (Australia) to launch crypto-funded…

Singapore’s PE fund ABC World Asia exits solar energy firm Sunseap Group with EDP Renewables deal

ABC World Asia (ABC World), the Singapore-based Asia-focused private equity impact fund, is set to make its first exit as part of a transaction between shareholders of portfolio…

Indonesia’s Eden Farm closes $19M Series A financing from AppWorks and AC Ventures to scale-up its food ecosystem

By the end of 2022, Eden Farm plans to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with 100 percent fulfillment rate of more than 1,000 stock…

Aqua-Spark invests in sustainable aquaculture that generates returns while creating positive social & environmental impact [Podcast Q&A]

Aqua-Spark is a global investment fund (Utrecht, the Netherlands) that makes investments in sustainable aquaculture businesses that generate investment returns while creating…

ScaleUp Malaysia announces its Top 20 Companies for its 3rd Cohort

The companies selected hail from a diverse group of industries and verticals such as Edutech, Fintech, Media, Manufacturing, Cyber Security, FoodTech, and e-commerce.

Vietnam’s Loship eyes opportunities in ‘quick commerce’ as it strives for NYSE listing by 2024

In the interview, Nguyen also shared his views on competition, Loship’s competitive advantages, the firm's planned timeline to profitability, and the latest progress of its US…

Achieving the next-generation crypto exchange for the masses through DeFi platforms

The metaverse is expected to see the rise of a multitude of digital and online platforms and services. One specific sub-sector here that merits attention is that of Decentralized…

MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion

The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring…

Singapore’s Una Brands raises $15M Series A funding co-led by White Star Capital and AlphaJWC

Una Brands will use this capital to acquire e-commerce brands based in the Asia Pacific and further strengthen its technology and team to operate these brands at scale.

Cloud: The great equalizer for SMEs looking to scale their business

The significance of adopting cloud networks in today’s digital transformation goes beyond just being able to access information online and building business resilience. 2018 was…

Siam Commercial Bank buys 51% stake in digital asset exchange Bitkub for $540M

Under the deal, SCB’s affiliate SCB Securities Co., Ltd. (SCBS) will become Bitkub’s major shareholder and will be responsible for driving and engaging closely with the company as…

Taiwan’s ALP to invest $1B to develop smart warehousing parks in Malaysia

Taiwan’s largest warehousing infrastructure developer Ally Logistic Property, Co. Ltd. (ALP) is set to invest $1 billion in Malaysia to develop smart warehousing solutions to…

Singapore’s ShipsFocus and Quest Ventures launch Maritime Fund, with first close at $7.5M

The Maritime Fund will invest in startups and technologies spanning applications in shipping and operations, maritime services, and port operations and services, which can include…

Portugal’s EDP Renewables acquires 87.4% stake in Singapore’s Sunseap for $697M

The transaction allows EDPR to establish its presence in APAC with 540MW of operational and under-construction solar projects and a sizeable portfolio at different stages of…