Indonesia’s ALAMI raises growth investment and strengthens senior management team

Indonesia-based fintech firm ALAMI Group has on Thursday announced the completion of a growth investment round led by Indonesia-only venture capital firm Intudo Ventures. The…

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Digital adoption in Asia: An unstoppable juggernaut transforming economies

As we chart the course of Asia's digital journey, let's remember that while technology is the vehicle, it's people who are driving the change. And it is their stories, their…

AirAsia Cambodia partners Oriental Bank to offer innovative payment solutions for flight bookings

AirAsia Cambodia has on Thursday announced a strategic partnership with Oriental Bank Plc, a digital banking institution in the country, to offer innovative payment solutions for…

East Ventures and SV Investment announce the $100M dedicated fund for Southeast Asia

East Ventures, an Indonesia-based venture capital firm, and SV Investment, a South Korea-based venture capital and private equity firm firm, have on Friday announced the $100…

BIS and central bank partners to explore protocols for embedding policy and regulatory compliance in cross-border transactions

The Bank for International Settlements (BIS) and central bank partners have on Thursday launched Project Mandala, which explores the feasibility of encoding jurisdiction-specific…

Vietnam’s VinFast net loss increases despite rising revenues

Vingroup JSC automaker arm VinFast Auto Ltd, has reported higher net loss in the third quarter despite rising revenues. The firm's net loss for the quarter stood at $622.9…

Aampe secures $7.5M in funding led by Matrix Partners India, Peak XV Partners

Aampe, an artificial intelligence (AI)-native user engagement platform, has on Thursday announced a $7.5 million Pre-Series A funding round led by Matrix Partners India and Peak…

Avnet appoints master distributor of Kerlink to advance IoT strategy across Asia Pacific

Global technology distributor and solutions provider Avnet has recently signed a contract with Kerlink, a provider of internet of things (IoT) solutions based in France,…

Malaysian Central Bank to finalize DITO Framework in first half of 2024

Malaysian Central Bank said Thursday that it will be refining several aspects of the Digital Insurers and Takaful Operators (DITO) Framework. Bank Negara Malaysia plans to…

Earth Venture Capital backs Treetoscope in the $7M seed funding round

Israel-based irrigation management platform TreetoScope has closed its seed funding round invested by Israeli Champel Capital, Earth Venture Capital, SeedIL, and other strategic…