Malaysia and Cambodia central banks team up to strengthen regional cooperation in financial innovation and payments

Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) said Tuesday they have signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial…

Fast-fashion firm Shein considers London IPO – report

Shein is said to be in the early stages of exploring the London option as the company has judged it unlikely that the US Securities and Exchange Commission will approve its IPO,…

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It’s not just websites, GSP fraud has infiltrated the app ecosystem

One area in digital advertising where information asymmetry is rife is #search, as the major platforms do not provide the ability to use independent pre-bid or on-search result…

Hong Kong’s Weave Living secures further investment from Warburg Pincus to accelerate expansion throughout Asia-Pacific

Weave Living, a Hong Kong-based living sector specialist, announced Monday that it has secured further investment from its existing shareholders – Warburg Pincus, a leading global…

Singapore’s fintech firm Refy secures $525,000 pre-seed funding from Wavemaker Impact

Refy, a Singapore-based green asset fintech financier, has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of…

Leveling the playing field: How cutting-edge technologies redefine transparency in gaming

As the online #gaming sector battles ongoing issues, blockchain technology emerges as a solution. For example, games are now starting to leverage #blockchain in various…

Malaysia’s Gentari partners SEDC Energy to develop centralized hydrogen production hub in Sarawak

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), through its subsidiary Gentari Hydrogen Sdn Bhd, has signed a heads of agreement (HOA) with SEDC Energy Sdn…

Singapore FinTech Association launches Project Tapir to connect Singapore’s FinTechs with Malaysian VCs

The Singapore FinTech Association (SFA) has launched Project Tapir, partnering with Malaysia-based venture capital (VC) firms, Artem Ventures and OSK Ventures International Berhad…

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State of user acquisition 2024 in Web3

Promoting crypto products is still tricky in 2024. According to moderation playbooks of Google and Meta, which the companies try to keep uniform, company advertising policy…

Malaysian regulators pledge speedier IPO approvals for Main, ACE markets

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad have jointly committed to an expedited three-month approval period for initial public offerings (IPO) on both the…

Vietnamese FinTech firm 1Long raises $500,000 for technology development

Vietnam-based 1Long, a financial technology platform focused on helping individuals achieve financial goals, has on Monday announced securing a $500,000 investment in a pre-seed…

Indonesian fintech firm JULO reports profitability in 2023

JULO, an Indonesia-based digital financial servicesplatform, has on Monday announced it has achieved an annual recurring revenue of over $120 million, with its total loan…

Philippines-based SME lender ProCredit secures $4.1M in Pre-Seed funding led by Integra Partners

ProCredit, a Philippines-based small and medium-sized enterprise (SME) lender, closed a $4.1 million pre-seed round, led by Integra Partners. The round also saw participation from…

Vietnam’s VinFast officially breaks ground on integrated EV facility in India

VinFast, a Vietnam-based electric vehicle manufacturer, has officially broke ground on its first integrated electric vehicle (EV) manufacturing facility in the state of Tamil…