Digital bank GXS offers saving accounts in Singapore with maximum deposit amount of $57,000

Singaporean digital bank GXS Bank (GXS) which is backed by superapp Grab Holdings Ltd and communications technology group Singtel, has announced that it has opened up the GXS…

US-based Ares Management acquires Singapore-based private equity firm Crescent Point Capital

United States investor Ares Management Corporation (Ares) announced Monday that it has entered into a definitive agreement to acquire 100 percent of Crescent Point Capital (CPC),…

Sprout Solutions expands artificial intelligence capabilities via Aiah AI acquisition

Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of…

Sime Darby, AEI Capital become limited partners in Vynn Capital’s $30M fund

Vynn Capital, a Malaysia-based venture capital firm specializing in early-stage investments, has on Wednesday announced the participation of Malaysian conglomerate Sime Darby…

Explaining fintech’s role in the Philippine economy’s resilient growth

With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital…

Malaysian clean energy firm Solarvest embarks strategic initiatives to expand into Singapore and Brunei

Malaysian clean energy expert Solarvest Holdings Berhad is embarking on strategic initiatives to expand its geographical reach into the Singapore and Brunei markets to capitalize…

Hong Kong’s Rice Robotics raises $7M Pre-A funding to expand footprint in Japan

Rice Robotics, a Hong Kong-based workforce automation start-up, has successfully secured $7 million in pre Series A funding. A portion of the funding has been allocated to…

Hailstone Labs invests in InsurTech firm OneDegree to facilitate digital asset legalization

Hailstone Labs, a Hong Kong based Web3 venture studio, has announced a strategic investment in OneDegree Group, a InsurTech company with business across Asia. The collaboration…

Carousell partners Carzuno to launch Carousell Car Subscription in Singapore

Riding on the newly-launched Carousell Certified program for cars, multi-category classifieds and recommerce marketplace Carousell is partnering car-as-a-subscription company…

INA and BII announce partnership to foster green investments in Indonesia

Indonesia Investment Authority (INA), the sovereign wealth fund of Indonesia, and British International Investment (BII), the United Kingdom’s development finance institution…

Malaysia’s Gentari appoints Navjit Gill as India’s Country Head

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective July 10 2023. As…

Singapore’s Hydroleap raises $4.4M in Series A funding led by Real Tech to enter new APAC markets

Hydroleap, the next-generation green wastewater technology company headquartered in Singapore, has on Tuesday announced it has raised $4.4 million in Series A funding. The funding…

Singapore’s Thunes extends Series C funding to $72M with support from Visa, EDBI, Endeavor Catalyst

Thunes, the Singapore-based business to business (B2B) payment infrastructure platform, has on Monday announced it has extended its Series C funding to $72 million backed by three…