Fintechs have a role in narrowing Asia’s financial inclusion gap
Governments across Asia are fast-tracking reforms and initiatives to bridge the quarter of Asia’s population that remains outside the formal financial system, but it needs…
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next…
India’s Playbook Partners launches $250M growth capital fund backed by Singapore, Middle East, Europe investors to accelerate Digital India
In response to strong institutional investor interest, the fund is using the green shoe option and can grow up to $250 million.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on…
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity…
Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion
Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang…
Singapore’s SDAX closes $50M Series B2 funding round
SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining…
Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets…
MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation
MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their…
Singapore dating agencies Lunch Actually and Paktor merge
Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.
GIC-backed payment firm Nium pushes back IPO plans – report
Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing…
Malaysia’s MYEG partners GACC-owned East Logistics to set up National Single Window Trade Platform for ASEAN countries
MYEG announced on Friday an exclusive collaboration with East Logistics Link Co., Ltd., a wholly-owned agency of the General Administration of Customs of the People’s Republic of…
ADB sharpens strategic focus, accelerates efforts to combat climate change in Asia and the Pacific
The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including…
