TechNode Global Staff

Surfin Meta Digital Technologies, a Singapore-headquartered financial technology solutions provider for the underserved, has announced the successful completion of its oversubscribed funding round.

SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP).

LenderLink Philippines, a fintech focused on improving credit data infrastructure, has raised $1.25 million in an oversubscribed seed round.

Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.

Altruist, a US-based custodian for registered investment advisors (RIAs), announced Tuesday that it has raised $152 million in Series F funding led by GIC, a Singapore-based institutional investor.

The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday.

Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).

Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).

Delivery Hero SE, the Germany-based delivery platform, announced Wednesday that foodpanda, its Asia-based business, will stop operating its platform, food and grocery delivery services in Thailand on May 23, 2025.

Malaysian social enterprise Pepper Labs has embarked on a strategic collaboration with Microsoft to expand the artificial intelligence (AI) for Malaysia’s Future (AIForMYFuture) initiative, a skilling program designed to democratize AI fluency across Malaysia.