Yimie Yong

Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank

Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with the Bank of Thailand.

Singapore’s dtcpay & Visa announce partnership to advance the future of digital payments

The dtcpay and Visa partnership seeks to bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments from this growing segment of UHNW customers, the company said.

Malaysia’s MYEG partners freight forwarders to promote ZTrade adoption for cross-border trades

Both MYEG and FMFF agreed to work together on several initiatives related to the positioning of ZTrade as the NSW for domestic trade as well as cross-border trade to and from Malaysia.

YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report

With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking control of Indonesia's biggest e-commerce platform Tokopedia.

Vietnam’s EV maker VinFast officially launches mini SUV VF3 in the Philippines

The launch of the VF 3 marks another significant milestone in VinFast’s journey in the Philippines, reaffirming its commitment to providing premium quality products at inclusive prices with outstanding after-sales policies, the company said.

Indonesia’s CarbonEthics bags $2.1M seed round seed round led by Intudo Ventures

With this round of financing, CarbonEthics will enhance its portfolio by securing additional carbon projects and recruiting top-tier technical experts to better serve the needs of its clients.

Growth of Thailand’s EV industry to power commercial real estate: JLL

Ambitious goals, supportive subsidies and foreign investment will create a minimum $6.5 billion addressable market for EV real estate in Thailand by 2030.

Number of crypto owners in Singapore drops slightly, crypto platform Gemini’s report finds

Gemini's 2024 Global State of Crypto found that the vast majority of crypto owners are HODLers, with crypto ownership remaining steady across the US, UK, France, and Singapore.

Software unicorn OutSystems sees “immense potential” in SE Asia as it taps opportunities for AI-powered low-code technology [Q&A]

OutSystems was last publicly valued at $9.5 billion after raising a $150 million Series E in February 2021, but Forbes reported that the valuation halved to $4.3 billion after its last fundraising round in October 2022.

EPL’s Tottenham Hotspur announces Ant International as global payment solutions & digital wallet partner

The partnership sees Ant International, together with its business brands Alipay+, Antom and WorldFirst, become the exclusive Official Global Payment Solutions and Digital Wallet Partner of Tottenham Hotspur, and Alipay+ the first Official Training Wear Sleeve Partner for both the men’s and women’s teams.