News
ASEAN GenAI sector funding seen to grow 50 percent year-over-year in 2025
GenAI Fund, through its latest report, has projected the funding for ASEAN generative artificial intelligence (GenAI) sector to increase 50 percent year-over-year in 2025.
Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation
Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing artificial intelligence (AI), Digital innovation.
Filipino AI startup Clout Kitchen raises $4.45M from a16z SPEEDRUN, Peak XV’s Surge & AppWorks
The round was co-led by a16z SPEEDRUN and Peak XV’s Surge – with participation from Taiwan’s AppWorks, Antler, Hustle Fund, Founders Launchpad, Orvel Ventures, and founders & creators like Gabby Dizon (YGG), Kun Gao (Crunchyroll), Voyboy, Jankos and Perkz.
Mocaverse partners Square Enix’s ‘SYMBIOGENESIS’ to accelerate Web3 user onboarding
Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced that has partnered with SYMBIOGENESIS, the non-fungible token (NFT) collectible art project of Square Enix to promote user onboarding from Web2 to Web3.
Malaysians lose $2.8B to scams in a year as AI-powered scam on the rise
Malaysians lose $12.8 billion to scams in a year, equivalent to 3 percent of the nation's gross domestic product (GDP), as artificial intelligence (AI)-powered scams on the rise, a report said Thursday.
Automobili Lamborghini, Animoca Brands, and Motorverse team up to launch Fast ForWorld
Automobili Lamborghini, Animoca Brands, and Motorverse have teamed up to launch Fast ForWorld, an upcoming immersive platform that will revolutionize brand engagement through loyalty and gaming interoperability.
IFC invests $7M into Philippine technology firm First Circle
The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized enterprises (SMEs) in the Philippines.
Singapore’s eSIM solutions firm Truely raises $3.5M financing led by 1982 Ventures
With this round of financing, Truely plans to release B2B2C services designed for major travel operators, Airlines, Airports, OTA’s and service providers, as well as release additional products and services.
OneDegree achieves first operating profit in third quarter
OneDegree Group, a cyber security and insurance group, announced Wednesday that it has reached its first operating profit in the third quarter of 2024, marking a significant milestone for both the group and its insurance arm.
IFC, HSBC Asset Management expand partnership to support sustainability in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a specialized fund vehicle targeting corporate bond issuers in emerging markets (EM), aiming to increase access to finance and support sustainable growth.
