Author: TechNode Global Staff

Alipay+ E-Wallet partnerships power iQIYI’s fast asia expansion

Popular Asian e-wallets are helping iQIYI, a China-based international streaming platform, accelerate its expansion through Alipay+ to help digital and entertainment (D&E) platforms reach young middle-class consumers looking for quality online video content.

Bain: SEA private equity deal value falls 52% in 2022

Southeast Asia’s (SEA) private equity (PE) market deal value fell 52 percent in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year, Bain & Company (Bain) said Thursday.

Foodpanda partners TADA for new user benefits in Asia

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

Singapore’s Accredify raises $7M Series A funding led by iGlobe Partners and SIG Venture Capital

Accredify, a Singapore-based verifiable technology solutions provider, has on Thursday announced that it has raised $7 million during its Series A funding round, co-led by top venture capital firms iGlobe Partners and SIG Venture Capital.

Airwallex launches global payments in Canada further building on expansion in Americas

Australia-based FinTech firm Airwallex has on Wednesday announced the launch of its global payments services in Canada.

Malaysia Central Bank to co-host virtual AML/CFT Hackathon 2023 to help crack down on financial crime

Malaysian Central Bank, in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023 from June 1 to 28, 2023 to develop digital solutions to help combat financial crime.

Singapore’s Temasek joins United States’ BlueMark $10M funding round

BlueMark, a United States-based provider of independent impact verification and intelligence for the impact and sustainable investing market, has announced that it had closed its Series A funding round with $10 million in capital commitments from a diverse group of seven investors.

Singaporean lab-grown exotic leather producer ProjectEx aims to raise $1M in pre-seed round

Singapore-based lab-grown exotic leather producer ProjectEx, said Wednesday it aims to raise $1 million for its pre-seed round to revolutionize the luxury market with sustainable and cruelty-free exotic leather.

ScaleUp Malaysia announces Cohort IV and investments in seven Companies

ScaleUp Malaysia has announced its Cohort IV and investments in seven innovative companies. The companies selected for Cohort IV are BeeBag, Docspe, Huddle, Petotum, Stayhere, and Kabel who will receive a $100,000 investment each, while the seventh company, Sonicboom, will receive an undisclosed strategic investment.

UOB partners Lazada for enhanced payments and financial services in Southeast Asia

Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and…