Author: TechNode Global Staff

United Kingdom’s LMAX gets license to offer NDF trading in Singapore

LMAX Group, a United Kingdom-based operator of institutional exchanges for trading foreign exchange (FX) and digital assets, has on Wednesday announced that it has secured license to offer non-deliverable forward (NDF) trading in Singapore (SG1) and London (LD4). LMAX's subsidiary LMAX Exchange Singapore, has received the recognized market operator (RMO)…

Circles X delivers telco-as-a-service in Indonesia with Google Cloud

Circles, a technology firm in Singapore, has rapidly deployed its Circles X telco-as-a-service solution in Indonesia, guided by Google Cloud’s DevOps Research and Assessment (DORA) metrics. These metrics, including deployment frequency, lead time for changes, change failure rate, and time to restore service, contributed to a more nimble and efficient…

Vietnam’s akaBot expands its reach into Malaysia

AkaBot, a Vietnam-based robotic process automation (RPA) solutions provider, has officially introduced the strategy to extend its services and solutions in the Malaysia market. The firm will offer Malaysian businesses in finance, banking, retail, and manufacturing a range of holistic solutions for automation and digitization, enhancing overall productivity…

Singapore’s Climate Alpha raises $5M in seed round led by Jungle Ventures

Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million seed round led by Jungle Ventures.

Aggregate Asset Management ties up with ADDX to list diversified deep-value equity fund

Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy and returns. The fund targets a compound annual growth rate of 8 percent and is open-ended.

Antler announces $2M in funding for startups across Singapore and Indonesia

Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has invested in over 900 startups, making them the most active investor globally and in Southeast Asia.

Singapore fintech firm Lendela secures $5M in oversubscribed Series A round

Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by Singapore-based Chocolate Ventures, with participation from Lendela’s seed investor Cocoon Capital.

UBS Optimus Foundation and Swiss Re Foundation invest over $2M to kickstart a new partnership with Terratai

Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and SwissRe Foundation, backed by an initial funding of over $2 million to launch programs in Indonesia, with the potential to expand to South East Asia in future years.

India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures

Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.

Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud

Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial intelligence (AI) from Google Cloud.