Embed Financial Group to go public through $425M business combination deal with WinVest

Embed Financial Group Cayman Holdings (EFGH), a Singapore-headquartered Finternet infrastructure company operating across emerging markets in Africa and Asia, announced Wednesday…

Circle collaborates with Pismo, Visa to launch Vietnam’s first AI-powered PayLater card

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch…

Vinfast invests $500M to expand EV manufacturing in India

Vietnam-based electric vehicle (EV) maker VinFast will invest $500 million to expand its manufacturing facility in India, targeting electric bus and electric two wheeler…

Etaily lands strategic investment from Japan’s SMBC, bringing total funding to $24M

Etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia…

Singapore’s Horizon Quantum becomes first quantum software firm to own and operate a quantum computer

Horizon Quantum Computing Pte. Ltd., the Singapore-based software infrastructure for quantum applications, announced Wednesday that it has completed the assembly and integration…

Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent…

Xanh SM signs strategic partnership with AVILA to expand green mobility solutions in Laos

Xanh SM Laos has signed a strategic cooperation agreement with the Vietnam Business Association in Laos (AVILA) to meet the growing demand for safe, transparent, and…

Equinix inks third solar agreement in Singapore to boost clean energy

Equinix, Inc., the global digital infrastructure company, has signed a solar energy power purchase agreement (PPA) in Singapore with ESR-TEPCO SINGAPORE ASSETCO ALPHA PTE. LTD.…

Digital Realty, BW Digital partner to support expansion of cross-border connectivity between Singapore and Batam

Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has announced a partnership with BW Digital to strengthen…

Indonesia’s Kargo Tech announces 40,000-EV shift to build Asia’s “Electrified Silk Road”

Kargo Technologies, an Indonesia-based logistics technology company, has introduced a new visual identity and launched an electric vehicle (EV)-based logistics partnership…

South Korea’s AdipoLABs opens new regional office, signs two MoUs with University of Cyberjaya to advance healthcare innovation

AdipoLABs Co., Ltd. and Red & Blue Co., Ltd. from South Korea, together with their Malaysian subsidiary, AdipoLABs Healthcare (M) Sdn Bhd, have officially opened the new…

The Radical Fund launches AI-native studio to build next generation of climate and AI ventures across Southeast Asia, Middle East

The Radical Fund, Southeast Asia’s climate-focused venture capital firm, has announced the launch of The Studio, UTOPIA’s artificial intelligence (AI)-native venture builder…

CGS International sees Malaysia to continue to retain its top spot in ASEAN for IPOs listings and funds raising

CGS International Securities Malaysia Sdn. Bhd. (CGS MY), an integrated financial services provider, said Wednesday that looking ahead, Malaysia is well positioned to continue to…

MDEC and Ant International deepen partnership to accelerate digitalization of MSMEs across Malaysia

The Malaysia Digital Economy Corporation (MDEC) and Ant International are strengthening their partnership to accelerate the digital transformation of micro, small and medium…

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