Singapore’s NextBillion.ai raises $21M Series B funding led by Mirae Asset Venture Investments

NextBillion.ai, a Singapore-based spatial data and mapping platform for enterprises, said Monday it has raised a $21 million series B led by Mirae Asset Venture Investments.…

Enhancing security in a trustless ecosystem: Can biometrics be the solution?

Considering how important financial services are in Web2, it’s no surprise that this area will be equally, if not more, critical for Web3. However, to realize a mature Web3…

Singapore’s Matchmove acquires Shopmatic for $200M

MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and…

True Platform raises $3.5M seed round led by January Capital

Vietnam-based business software-as-a-service (SaaS) startup True Platform announced Monday its recently closed $3.5 million Seed funding from January Capital, Alpha JWC Ventures,…

CBDCs, Carbon Credits, and the carbon constrained world

Drawing experiences from the gold mining and oil digging era, it is always about control of resources. Those in control of the technology to harvest the minerals can endlessly…

Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its…

Singapore’s The Growhub inks 5-year partnership with FIPWA to build Southeast Asia’s food bowl

The Growhub, Singapore-based one-stop farm to table solution for food traceability and data analytics, announced Friday that it has inked a 5-year lease agreement with the Food…

The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth

The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development…

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…

Indonesian culinary multi-brand firm Hangry eyes up to 100 outlets in 2022 while hunting for M&A targets

The company’s expansion will focus on Indonesia first before starting to expand regionally in 2024.

Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners

Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power…

World’s first metaverse music label 0x0 launches in Taiwan

With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of…

Singapore’s Oddle raises $5M in Pre-Series B funding

Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.

Carousell, L Catterton SPAC merger talks end – report

The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger…