Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms
Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast…
FinTech democratizes access to investments as capital shifts toward private markets, says Oi Yee Choo of ADDX [Q&A]
The shift toward private capital is driving innovation in many ways – in technology, in business processes, and in the way the markets are regulated. The rise of platforms like…
Animoca Brands acquires indie game developer Blowfish Studios
The current management of Blowfish will continue to operate the company after the acquisition.
Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures
The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.
Consumers are spending with overseas retailers more now than ever
2020 was the year of the pandemic, and undoubtedly, the year of e-commerce. With the mobility restrictions, people were spending more time at home and turning to the Internet to…
Airwallex founders launch new venture capital fund Capital 49, aims to raise $200M
Capital 49 will look for opportunities to invest in companies within Airwallex’s ecosystem, across a number of industries including e-commerce, SaaS, digital and technology,…
Malaysia’s iStore iSend bags investment from Japan’s logistics giant Yamato Holdings
The fund will be used for iStore iSend’s talent acquisition and improving its proprietary system to help the company in its plan for cross border expansion.
Where are we headed in this brave new world? Here’s a look into BCE (Before COVID Era) and CE (COVID Era)
The control on the physical and digital world that you get from your home is unprecedented and as Paul Chaney wrote in Digital Handshake, we are seeing a melding of electronic and…
Malaysia Competition Commission closely monitors food delivery platforms after public outcry on exorbitant commission fees
The development also came after local media highlighted last month that some restaurants has urged customers to bypass food delivery platforms and order food directly from their…
Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn
The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.
AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital
AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.
Indonesia’s HappyFresh raises $65M in Series D funding led by Naver Financial Corp & Gafina B.V.
The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the…
