Author: J. Angelo Racoma

Alchemy API and Crypto.com partnership

Crypto.com announces partnership with Alchemy to enhance its developer platform

This collaboration expands the company’s chain support ecosystem as it takes another significant step towards its Mainnet launch. The partnership is set to give rise to a suite of developer tools and services that allow Crypto.com chain partners to develop high-quality apps.

Vietnam FinTech MoMo raises at least $100M in Series D funding round

Vietnam’s most widely used e-wallet app MoMo secures at least $100M in Series D

M-Service, the company responsible for operating Vietnam’s most popular e-wallet service MoMo, has secured at least $100 million in a Series D funding round. This is the most recent new capital infusion for the company since it closed its Series C in 2019.

DevOps software development platform GitHub cofounder $100M venture fund

OpenBook Ventures is GitLab Co-Founder Sid Sijbrandij’s $100M VC fund reportedly looking to invest in Asia

Sid Sijbrandij, Co-Founder and Chief Executive Officer of GitLab, has reportedly established a $100 million venture fund in 2020 called OpenBook Ventures, which looks to invest in companies and innovations in Asia and other global markets, according to DealStreet Asia.

Singapore FinTech Zipmex raises $6M to grow its digital assets exchange in Asia Pacific

The company plans to grow the team and work on its current product offerings and set up new offerings to further diversify. This will include working on ZipUp, Zipmex’s interest-bearing product, and ZMT, its new native token.

Singapore sets new rules for payment service companies that support crypto

On the first working day of 2021, Singapore’s Parliament approved a bill to impose stricter oversight on virtual payment service providers that support DPTs or cryptocurrencies

Grab, GrabPay, digital payments, payments, mobile payments, phone payments, QR code, cashless, cashless payments

Singapore’s Grab Holdings boosts its FinTech unit with a $300M funding round

This is the first time for Grab’s FinTech arm to secure money from new investors. The new investment in Grab Financial Group is substantial, but Grab Holdings Inc. continues to own the majority stake in the subsidiary.

Malaysia’s TIME dotCom acquires controlling stake in AVM Cloud in a major cloud computing push

TIME dotCom shelled out over $14.5 million to purchase a 60 percent controlling stake in the company.