Yimie Yong
KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III
Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.
December 3, 2024
News,Thailand,Singapore,InsurTech
Thailand Post partners with insurtech firm bolttech to launch online motor insurance
Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.
December 3, 2024
Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia
Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.
November 29, 2024
News,Singapore,Investments,eCommerce
US e-commerce giant Amazon invested over $1.49B in Singapore
US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…
November 29, 2024
News,Malaysia,Venture Building
1337 Ventures Partners with GX Bank to lead TeXnovasi Accelerator
1337 Ventures, Malaysia-based venture capital firm, announced its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from Cradle and MYStartup.
November 29, 2024
News,SEA,Media / Streaming,Telecommunications,Features,AI,Analysis
Deloitte’s tech, media & telecoms 2025 predictions: Generative AI paves way for transformative future
By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well positioned to determine the future of Al’s legacy.
November 29, 2024
GCash said to weigh record Philippine IPO of up to $1.5B – report
The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.
November 29, 2024
News,AI,Indonesia,SEA,Cybersecurity
Indonesia’s AC Ventures & PwC Indonesia release Cybersecurity Playbook for private sector amid rising digital threats
Titled “Cybersecurity Playbook for Startups,” the comprehensive guide addresses the growing need for robust cyber defense mechanisms among new ventures and scale-ups alike, particularly as such threats continue to evolve and become more advanced with the rise of generative AI (GenAI), advanced cloud tech, quantum computing, and more.
November 29, 2024
Hong Kong to offer crypto tax break for hedge funds, family offices – report
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.
November 29, 2024
Accenture to set up ‘AI refinery engineering hub’ in Singapore
The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.
November 28, 2024












