ADB doubles climate financing as transactions hit new high

The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects…

Ficus Capital partners INCEIF University to launch ESG-i assessment framework for MSMEs in Malaysia

Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i)…

Gentari partners Lazada to expand green mobility adoption in Malaysia

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green…

Triple-A to integrate Paxos-issued PayPal USD into its payments solutions

Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept…

HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode

Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside…

Bain & Company : SEA’s private equity deal falls in 2023 amid global turmoil

The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume…

Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia

Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic…

Disrupt Technology Venture unveils health tech fund with leading Thai business groups

Thailand-based investment firm Disrupt Technology Venture (Disrupt) has announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners…

MyCIF co-invests $61.4M in 2023 in 3,587 Malaysian MSMEs

The Malaysia Co-Investment Fund (MyCIF) has co-invested MYR 289 million ($61.4 million) via alternative financing platforms in 2023, consistently spurring growth and enhancing…

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Singapore to invest close to $222M in National Quantum Strategy

Singapore’s Deputy Prime Minister and Chairman of the National Research Foundation (NRF) Heng Swee Keat, has on Thursday outlined an investment of close to SGD 300 million ($222…

3 hottest trends impacting FinTech trading in 2024

These trends, catalyzed by advancements in #AI, and continued growth of #DeFi services signal a fundamental shift in market accessibility and global liquidity. #Blockchain…

Pyvio partners Currencycloud to deliver cross-border payments for Chinese e-commerce businesses

United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border…

Grab, OpenAI team up to build and deploy advanced AI solutions

Grab, a leading superapp in Southeast Asia, and OpenAI, an American artificial intelligence research organization, have on Thursday announced they will collaborate to build and…

Tribe, DISG and NVIDIA launch new AI Accelerator in Singapore

Tribe and Digital Industry Singapore (DISG) have on Wednesday announced a collaboration with NVIDIA to establish the Ignition AI Accelerator, a new global AI startup accelerator…