Yimie Yong

As a signatory, Edotco said it will be supporting the 10 Principles on human rights, labor, environment and anti-corruption, which will be embedded as part of the company’s strategy, culture, and day-to-day operations.

XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets.

Venture capitalists TechNode Global contacted opined that political issues will have little impact on investors' confidence in Malaysian tech startups. The tech industry in the country will continue to grow due to the ongoing pandemic which has accelerated digitalization.

The delay comes as Indonesia's Financial Services Authority (OJK) considers new listing guidelines for tech companies to offer dual-class shares that confer different voting rights.

The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting August​ 31, 2021. This is in line with the overall thrust of maintaining a stable and competitive environment for banks.

HOMA's plans to expand to 10 more new locations by 2022.

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.

The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.

In an interview, Boost CEO Sheyantha Abeykoon told TechNode Global the competitive edge Axiata-RHB consortium have against other contenders and how will it position the digital bank should the consortium were granted a digital banking license.

Sea’s strong revenue growth came when many of its markets continue to see a high volume of COVID cases.