Tony Fernandes’s global empire to be broken up into five listed companies “utlimately”
“So in the end, my dream is when I retire, five listed companies, one in America and four in other parts of Asean,” Tony Fernandes said.
Funding into Indonesian FinTech startups falls 51 percent to $765 million in 2023
Total funding into Indonesian FinTech startups fell 51 percent to $765 million in 2023, from $1.6 billion in 2022, Tracxn Technologies Ltd. said Tuesday. The Indonesian startup…
Consumer Fintech firm Salmon becomes a licensed bank in the Philippines
Salmon, a financial technology company based in the Philippines, announced Tuesday that it has become a licensed bank in the Philippines. The firm has received regulatory approval…
Tracxn : Total funding into SEA FinTech startups plunge 65 percent to $2B in 2023
South East Asian (SEA) countries took the most hit in 2023 following the global economic crisis as the total funding for FinTech fell to $2 billion, the lowest in comparison to…
US’s SentinelOne acquires India’s PingSafe to expand cloud security capabilities
SentinelOne, a United States-based leader in artificial intelligence (AI)-powered security, has recently announced that it has agreed to acquire PingSafe, an India-based unified…
Singapore’s Silicon Box valuation reaches over $1B after $200M Series B funding raise
Singapore-based semiconductor packaging company Silicon Box has announced a successful $200 million Series B fundraising round, bringing the company to over a one-billion-dollar…
Asia Partners’ Southeast Asia tech fund hits final close at $474M
Singapore-based Asia Partners Fund Management announced Tuesday that it has closed its Southeast Asia second tech fund at $474 million. Including the $384 million close of its…
Open Campus Accelerator to deploy a $10M fund to onboard 100 education start-ups into the Open Campus ecosystem
Open Campus has on Monday announced that the Open Campus Accelerator (OC-X) will deploy a $10 million fund to drive the onboarding of a further 100 education start-ups into the…
Indonesia’s KOMUNAL raises $5.5M in Series A+ funding round led by Sumitomo Corporation Equity Asia
KOMUNAL, an Indonesian fintech firm focused on driving financial inclusion through the digitalization of rural banks (BPR), has closed the year 2023 by raising $5.5 million in a…
AEON Bank gets nod to commence Islamic digital bank business in Malaysia
AEON Credit Service (M) Berhad (AEON Credit) has on Monday announced that its associated company - AEON Bank (M) Berhad (formerly known as ACS Digital Berhad) (AEON Bank) has…
Boost-RHB Digital Bank Consortium gets approval to commence operations in Malaysia
Boost, a regional fintech leader, and its consortium partner, RHB Banking Group (RHB), have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance…
Fostering a living security ecosystem
Organizations and individuals alike need to brace themselves for a new era of threats, which are becoming smarter, quicker, and more coordinated. To combat this, incorporating a…
Crypto firm Metalpha invests in digital solutions provider NextGen Digital Venture
Metalpha Technology Holding Limited (Metalpha), a global crypto-based wealth management company, has invested in NextGen Digital Venture Limited (NextGen), strengthening the…
