TechNode Global Staff
Japan’s Sumitomo Life invests additional $133M in Singapore’s Singlife
Singapore homegrown financial services company Singlife has on Wednesday announced Japanese insurance company Sumitomo Life Insurance Company (Sumitomo Life) has increased its investment in the company by way of a capital injection amounting to SGD 180 million ($132.64 million).
Carsome appoints Miguel Fernandez as CFO
Southeast Asia’s largest integrated car e-Commerce platform Carsome Group Inc. has on Wednesday announced the appointment of Miguel Fernandez as its Group Chief Financial Officer, effective from November 1, 2023.
Malaysia’s Maybank expands cross-border services to China; boosts ASEAN financial integration
Malaysian lender Malayan Banking (Maybank) has on Wednesday announced the expansion of its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying its existing cross-border payment capabilities and enhancing the ease and efficiency of financial transactions.
Filipino startup Swarm raises $1.1M in Pre-Seed funding round
Swarm, a Filipino tech company that connects startup founders with freelance tech builders, has announced that it has raised $1.1 million in a pre-seed funding round. Leading the round are two early institutional investors, Hustle Fund and Plug and Play.
Malaysia’s PayNet partners China’s Ant Group for cross-border digital payments
Malaysia's payments firm Payments Network Malaysia Sdn Bhd (PayNet) and China-based Alibaba Group's fintech subsidiary Ant Group have on Wednesday launched their cross-border digital payments collaboration that has enabled travellers from eight regionsto use PayNet’s DuitNow QR in Malaysia, further boosting international tourism and trade among these…
NEFIN and MYDIN team up for carbon-neutral energy solutions in Malaysia
NEFIN, an Asia Pacific green independent power producers, and Mydin Mohamed Holdings Berhad (MYDIN), a halal home-grown wholesale and retail chain in Malaysia, have on Tuesday announced a partnership in implementing carbon-neutral energy solutions and driving sustainability efforts in the retail industry.
Singapore’s Perfect Nature raises $740,000 seed funding for subsidiary Snuugo
Perfect Nature, a Singapore-based healthcare and lifestyle company, has secured SGD $1 million ($740,000) in seed funding for its subsidiary brand, Snuugo, the first intuitive and smart wearable breast pump designed and manufactured locally.
Malaysia’s Khazanah Impact Innovation Challenge 2023 unveils Top three winners
The Khazanah Impact Innovation Challenge (KIIC) 2023 has concluded its Demo Day on Tuesday, where 15 finalists representing impactful Malaysian businesses pitched for potential equity investments and/or debt funding from Khazanah and its funding partners in their quest to deliver innovative solutions to tackle climate change challenges for food security in…
Malaysia’s TNB partners Singapore’s Charge+ for cross-border EV charging platform
Tenaga Nasional Berhad (TNB), Malaysia's sustainable energy solutions provider, and Chargeplus Sdn Bhd (Charge+), a subsidiary of Singapore-based integrated electric vehicle (EV) charging solution provider Charge+ Pte Ltd., have announced a joint initiative to explore a ground-breaking cross-border roaming platform.
