Gulf Binance secures digital asset operator licenses in Thailand
Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd. (Gulf), announced Friday that it has now secured digital asset operator licenses from the…
India’s XFlow raises $10.2M in Pre-Series A funding led by Square Peg
XFlow, an India-based financial services and infrastructure company, has on Thursday announced that it has raised a Pre-Series A round of $10.2 million. The round was led by…
ZA Bank to launch virtual asset trading services for retail investors under new licensing regime
ZA Bank, Hong Kong’s virtual bank, has Wednesday unveiled its plan to introduce virtual asset trading services for retail investors. With this move, the firm is set to support the…
Singapore’s Insider announces $105M investment led by QIA to accelerate M&A-focused strategy
Singapore-based marketing platform Insider has on Wednesday announced an investment of up to $105 million from existing investors, Qatar Investment Authority (QIA) — and Esas…
Mapletree Industrial Trust enters Japan with $370M data center acquisition in Osaka
Mapletree Industrial Trust Management Ltd., as manager of Singapore-based Mapletree Industrial Trust (MIT), has announced the acquisition of a newly built data center in Osaka,…
Lazada unveils eCommerce AI Chatbot LazzieChat in Southest Asia
Singapore-based e-commerce operator Lazada Group has released LazzieChat, the first eCommerce artificial intelligence (AI) chatbot of its kind in Southeast Asia powered by OpenAI…
MoneyHero plans to go public via merger with Bridgetown
CompareAsia Group Capital Limited (MoneyHero), a Singapore and Hong Kong-based financial products platform, is planning to go public in partnership with Bridgetown Holdings…
Hyundai Motor Group partners LG Energy Solution to establish $4.3B battery cell factory in U.S.
South Korean automobile firm Hyundai Motor Group and battery company LG Energy Solution (LGES) have announced an electric vehicle (EV) battery cell manufacturing joint venture in…
Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia
ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed…
Axiata plans to launch digital bank by year-end – report
Malaysia-based telco Axiata Group Bhd plans to launch its digital bank by end-2023 and targets to make it profitable over the next three to four years
Bossjob attracts 2.9 million users in the Philippines, secures $5m funding to boost globalization efforts
Bossjob, an online job search platform in the Philippines, has secured $5 million funding to boost globalization efforts. The company is venturing into Singapore and Indonesian…
Singapore-based DTC bespoke jeweler MADLY raises new funding from East Ventures
MADLY, Singapore’s direct to consumer (DTC) jewelry design house, has on Thursday announced an investment received from the regional venture capital firm East Ventures. With the…
Government-backed startup Studio Indonesia Alumni raises $65.8M in funding
Startup Studio Indonesia (SSI), a startup accelerator program backed by the Indonesian government, has on Friday announced that its alumni have collectively secured funding worth…
Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries
Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and…
