Malaysia

CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…

"We also discussed the participation of SpaceX in the Starlink satellite service, which can contribute to faster and broader internet access, especially in remote areas that require minimal physical infrastructure and land to improve global internet connectivity," Anwar said.

Singapore-based venture capital firm Antler is extending its international footprint into Malaysia through a partnership with the sovereign wealth fund of Malaysia Khazanah. Khazanah said in a statement on Thursday that Antler is aiming to invest in over 30 startups across Malaysia over the next three years.

Indian Fintech Unicorn Razorpay has on Wednesday launched a full-stack payment gateway in Malaysia through Curtech, a Malaysian fintech firm it acquired last year. The Curlec Payment Gateway will serve more than 5,000 businesses with a target of MYR 10 billion ($2.15 billion) in annualized gross transaction value (GTV) by 2025.

TechNode Global recently spoke to its Co-Founder and Chief Executive Officer Yen Ming Lee to learn more about the company’s plans after its latest funding round, what are the opportunities and challenges the company sees in the insurance industry.

Southeast Asia’s largest integrated car eCommerce platform Carsome Group Inc. has on Monday announced the appointment of Yeoh Oon Jin to its board as its first Independent Director, effective from June 30, 2023.

Gentari Sdn Bhd, a Malaysia-based clean energy solutions provider has partnered KPJ Healthcare Berhad, Malaysia’s largest private healthcare provider to offer clean energy solutions.

Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has on Monday inked a partnership with Boustead Technology Sdn. Bhd. (BOUSTECH), a wholly owned subsidiary of Boustead Holdings Berhad, to promote the electric motorcycles known as EBIXON EV Motorcycles.

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered Singaporean conglomerate Keppel and renewables player Sembcorp Industries (Sembcorp) for clean energy solutions in Southeast Asia (SEA).

Malaysia-based Catcha Digital has on Thursday announced the formation of a new business unit called “i-Gov", specifically focused on working to develop technology solutions and software for the Malaysian government and the public sector.