TechNode Global Staff
SME Bank launches $50M new strategic initiatives to boost high-impact sectors in Malaysia
Malaysian government-owned Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) announced Thursday a suite of strategic initiatives valued at MYR 211 million ($49.88 million), reinforcing its commitment to advancing the government’s MADANI economic framework and in alignment with the bank’s mandate under the National Budget 2025.
June 27, 2025
Malaysia launches full-scale startup ASEAN platform to drive regional growth
Malaysia has on Wednesday launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and empower startups across ASEAN.
June 27, 2025
Singapore sets up entity to administer, govern national payment scheme
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes.
June 27, 2025
AWS launches Innovation Hub in Singapore to supercharge cloud and AI innovation in Asia Pacific
Amazon Web Services (AWS), an Amazon.com company, has on Thursday opened its first 8,000-square-foot AWS Innovation Hub in Asia Pacific (APAC), located at the AWS corporate office in downtown Singapore.
June 26, 2025
Malaysia’s regulator issues Product Governance Guidelines to promote responsible innovation and strengthen investor protection
The Securities Commission Malaysia (SC) introduced on Tuesday the Guidelines on Product Governance (PGG), aimed at strengthening investor protection as well as encouraging responsible product development and distribution in the capital market.
June 26, 2025
Malaysia’s First Move secures Jelawang Capital to back AI builders
First Move, a founder-led venture capital firm based in Malaysia, announced Tuesday its newest fund anchored by Jelawang Capital, the subsidiary under Malaysia’s sovereign wealth fund, Khazanah Nasional.
June 26, 2025
Malaysia’s 3cat raises Pre-Series A funding to scale omnichannel circular electronics platform
3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.
June 26, 2025
News,FinTech,Singapore,Indonesia
Seedflex Indonesia officially registered as provider and aggregator for financial products and services
Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.
June 26, 2025
News,FinTech,Singapore,Vietnam
Brankas partners Gimasys to deliver open banking solution for Vietnam’s financial sector
In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.
June 26, 2025
PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia
Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.
June 26, 2025