Ant International’s WorldFirst sees total transaction volume soars to $300B

China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.

Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth

Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel…

Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3

The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said…

Tracxn : Singapore tech startups funding fall 26 percent year on year in third quarter

Singapore tech startup ecosystem secured total funding of $397 million in the third quarter of 2024, which is a 26 percent decline from $536 million raised in the corresponding…

Indonesia blocks e-commerce app Temu over regulatory violations – report

Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.

Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles

This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of…

Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund

Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).

San Marina Bay, Singapore

From government to grassroots: Businesses and communities shape Singapore’s digital future in Smart Nation 2.0

A decade after launching its original Smart Nation initiative, Singapore is poised to embark on the next phase of transformation: #SmartNation2.0. This refreshed strategy is…

AirAsia X shareholders back acquisition of Capital A’s aviation business

Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the…

MOSTI announces seven local startups as winners of MYHACKATHON 2024 Cohort 1

The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia and its agency, Cradle Fund Sdn. Bhd. (Cradle), have announced the list of seven winners for the MYHackathon…