Author: TechNode Global Staff

Malaysia’s Bank Islam launches digital banking app

Malaysia-listed banking firm Bank Islam Malaysia Berhad has on Sunday officially launched its fully cloud-native digital banking proposition named Be U, the first-of-its-kind technology stack which is anticipated to be the cornerstone of all upcoming digital banks to be introduced in Malaysia. Made available to the public since mid-June this year, Bank…

India-founded healthtech firm Wysa secures $20M led by HealthQuad and BII

Wysa, an artificial intelligence (AI) digital platform for mental health originally founded in India, announced Thursday it has secured $20 million in financing. The round is led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google…

Vietnam’s VinFast opens six stores in California

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open more than 30 stores in California, while also exploring expansion to other states across the United States.

Indonesia’s DOKU acquires Malaysia’s senangPay for $7.5 million

DOKU, an Indonesia-based payment platform, announced Thursday it has expanded into Malaysia after acquired an online payment firm senangPay for $7.5 million. The acquisition followed DOKU received funding from Apis Growth Fund II, a private equity fund managed by Apis Partners LLP last year.

Vietnam’s VinFast receives $1.2B incentives for US manufacturing hub in North Carolina

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the United States.

Indonesian poultry startup Chickin raises seed funding led by East Ventures

Chickin, an Indonesia-based poultry startup, said Friday it has raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The investment will accelerate Chickin’s mission in enhancing Indonesia’s food security, where Chickin will allocate the fund to focus on improving their growth, people, technology,…

India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures

Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and secondary funding. Prosus Ventures led this round with significant participation from existing investors Accel and Elevation Capital, and continued support from other existing…

Malaysia’s Carsome appoints football legend & icon Eric Cantona as brand ambassador

Malaysia-based integrated car e-commerce platform Carsome, announced Thursday the appointment of football legend, Eric Cantona, as its brand ambassador. In his capacity as ambassador to the brand, Cantona will take an active involvement in Carsome’s upcoming promotional activities this year as well as group-wide advertising campaigns in Malaysia, Indonesia…

Vietnam’s VinFast to raise $4B for US manufacturing facility via banks

Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.

Animoca Brands raises over $75M to advance vision of open metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…