News

Singapore’s Carousell partners GoGoX to launch Carousell Official Delivery for bulky furniture

Introduced in partnership with GoGoX, a logistics tech company in Asia, this enhancement makes buying and selling larger items easy and convenient, particularly during Singapore’s peak demand for preloved furniture in the lead-up to Chinese New Year and Hari Raya

Dtcpay partners with Primer to expand stablecoin payments in Southeast Asia

Singapore-based digital payments provider dtcpay and global payments infrastructure firm Primer have on Monday announced a strategic partnership to facilitate seamless transactions across fiat and stable coins for Southeast Asian consumers.

UnionPay, BSN team up to boost digital payment in Malaysia with QR payment

Chinese payment firm UnionPay International (UPI) has announced a strategic partnership with Malaysia-based Bank Simpanan Nasional (BSN) to launch the UnionPay QR payment in Malaysia in the first half of 2025.

Securities Commission rolls out Malaysia’s first social exchange pilot program

The Securities Commission Malaysia (SC) has on Friday rolled out Malaysia’s first Social Exchange Pilot Program (SEPP25), beginning with five non-governmental organizations (NGOs) showcasing social impact projects.

Singapore’s BitFuFu inks deal to acquire majority stake in bitcoin mining facility in Oklahoma

BitFuFu Inc., a Singapore-based bitcoin mining firm, announced Thursday that it has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) bitcoin mining facility in the State of Oklahoma, United States.

Malaysia’s flexible workspace operator Common Ground expands 100,000 sq ft In 2024

Malaysia’s largest flexible workspace operator Common Ground has expanded their Malaysia portfolio by approximately 100,000 square feet in 2024 via their Enterprise Solutions products and the signing of new locations across Kuala Lumpur.

Thunes partners Hyperwallet to expand payout access for merchants across Asia-Pacific

Singapore-based fintech firm Thunes has welcomed Hyperwallet, a PayPal service for global payouts, as a member of Thunes’ Direct Global Network.

Vietnam-based ABBANK invests in Backbase to launch digital banking platform

Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.

Mitsubishi Electric, AWS ink strategic collaboration in digital domain

Mitsubishi Electric Corporation announced on Tuesday that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate and innovate within Mitsubishi Electric’s data center and cloud services businesses.

Singapore’s W Capital Markets raises Series B round at post-money valuation of $31M

W Capital Markets, a Singapore-based corporate finance firm, has raised a Series B round at post-money valuation of S$42 million ($31 million).