Ayoconnect partners Mastercard to build innovative solutions in bank-account based payments and open finance in Indonesia

Ayoconnect, an Indonesia-based open finance API platform, has on Tuesday announced a strategic partnership with Mastercard to modernize bank account-based payments and co-create…

Malaysia’s Wellous appoints Lee Koon Tan as group president

Wellous Group Limited, a Malaysia-based international nutrition company, has on Tuesday announced key leadership appointments to help further the company’s global expansion and…

MUFG sets up $100M fund with Danamon in Indonesia

MUFG Innovation Partners Co., Ltd. (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group, Inc. (MUFG), have on Tuesday announced that they have established a $100…

Grab appoints Philipp Kandal as Chief Product Officer

Grab Holdings Limited, the Southeast Asia’s leading superapp, has on Monday announced that it has promoted Philipp Kandal to Chief Product Officer, effective February 1, 2023.…

Indonesia’s EdenFarm raises $13.5M funding led by TMI, AppWorks, AC Ventures

EdenFarm, a food service-focused startup based in Indonesia, has secured $13.5 million in its latest Pre-Series B bridge round led by Telkomsel venture arm Telkomsel Mitra Inovasi…

Consumers in Asia are turning to their mobiles to boost leisure pursuits : Telenor Asia study

People across Asia are increasingly switching downtime pursuits into ‘up-time’ opportunities, according to a study into people’s Digital Lives by Telenor Asia.

CMC Markets gets approval to launch investment platform in Singapore

United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte.…

China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report

JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.

Thai insurtech startup Eazy Digital raises $850,000 in oversubscribed seed round

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by…

ADDX lists global macro hedge fund Asia Genesis by top veteran trader

Singapore-based private market exchange ADDX has listed a global macro hedge fund by Chua Soon Hock, the Chief Investment Officer and fund manager behind the famed Japan Macro…

Shopee’s parent firm Sea to increase investment in Malaysia

Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans…

VinBrain collaborates with Microsoft to expand AI-powered healthcare to patients worldwide

VinBrain, an artificial intelligence (AI) healthcare company funded by conglomerate VinGroup, said Thursday it will collaborate with Microsoft in data sharing, product…