TechNode Global Staff
Hong Kong and Saudi Arabia to boost information and technology collaboration
Hong Kong and Saudi Arabia are boosting their information and technology collaboration with the visit of Saudi Minister of Communications and Information Technology (MCIT) Abdullah Al-Swaha and the signing of various agreements on Sunday.
Indonesia’s fintech P2P lending market share surges by 28 percent in six months, says YouGov
Despite the economic challenges faced post-pandemic, Indonesia has seen a 28 percent growth in the market share of peer to peer (P2P) lending in just 6 months, YouGov's study showed on Monday. The study further solidifies the position of fintech in Indonesia, particularly P2P lending, as an attractive investment instrument for the public.
Vietnam’s VinFast expands European network with opening of Berlin store
Vietnamese electric vehicle (EV) manufacturer, VinFast, has opened the doors to its new showroom in Berlin. The new store is the third in Germany and continues the expansion of the marque’s network across Europe.
Thailand’s Roojai acquires FWD General Insurance Public Company to boost market share
Roojai, Thailand’s online insurance provider, has on Monday announced it has agreed to acquire FWD General Insurance Public Company Limited in Thailand. With this acquisition, Roojai will substantially increase its market share in Thailand with a combined portfolio of over $50 million in annual premium.
Global payment firm Nium opens new headquarters in Singapore
Real-time global payments firm Nium has on Monday announced the opening of its new headquarters in Singapore. The new headquarters is Nium’s strategic hub for serving clients across Asia Pacific, the Middle East, and Africa.
Animoca Brands’ Yat Siu appointed to Hong Kong Task Force on promoting Web3 development
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday that its Co-Founder and Executive Chairman Yat Siu has been appointed to the task force on promoting Web3 Development newly established by the government of the Hong Kong Special Administrative Region.
Gaw Capital Partners completes final close of Gateway Real Estate Fund VII at $3B
Hong Kong real estate private equity firm Gaw Capital Partners has announced the final close of its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII, bringing the total equity raised for the fund to $3 billion.
Germany’s BLUU Seafood aims to launch cultivated seafood products in Singapore in 2024
BLUU Seafood, a Germany-based food biotech that produces cultivated fish, aims to launch the first cultivated seafood products in Singapore in 2024 after securing Series A funding. After securing EUR 16 million ($17.36 million), the firm has secured the necessary capital to further advance the work on its groundbreaking technology and to enable the market…
Hong Kong’s OneDegree closes $55M Series B round to expand digital assets insurance
Hong Kong-based insurtech firm OneDegree Group has on Thursday announced that it has closed additional funding, taking its Series B round to $55 million. The new funding will be used to expand OneDegree Group’s digital assets insurance business and insurtech offerings globally as well as to broaden the product offering and deepen the market penetration of…
Tata Communications to acquire global CPaaS platform player Kaleyra at $100M
India-based digital ecosystem enabler Tata Communications has on Friday announced that it will acquire United States-listed communications platform as a service (CPaaS) platform at approximately $100 million.
