News

Indonesia’s Elevarm partners Amartha, Rabo Foundation & Scala in global collaborations to grow pro-farmer financing product

Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information technology firm Scala and Indonesian fintech firm Amartha.

Malaysia’s Oretha raises $105,759 via equity crowdfunding

Oretha Senior Care, a senior care provider in Malaysia, has announced the successful completion of its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with co-investment from MyCIF.

UNDP and DFINITY Foundation collaborate to boost financial inclusion for MSMEs

United Nations Development Programme (UNDP) has announced a new partnership with the DFINITY Foundation, which will leverage the Internet Computer blockchain technology to further develop and implement the Universal Trusted Credentials (UTC) initiative.

Ant Group, Mastercard, partner to extend International Consumer Friendly Zones program to facilitate inbound travel to China

Chinese fintech player Ant Group and American payment firm Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have extended the International Consumer Friendly Zones program to facilitate inbound travel to China.

MAS expands industry collaboration to scale asset tokenization for financial services

The Monetary Authority of Singapore (MAS) announced the expansion of initiatives to scale asset tokenization for financial services. This includes partnering with global industry associations and financial institutions to drive common asset tokenization standards in fixed income, foreign exchange (FX) and asset and wealth management.

Singtel partners Hitachi Digital to accelerate industrial AI solutions

Singtel, a Singapore-based communications technology group, and Hitachi Digital, a Japan-based end-to-end digital transformation services and technology firm, have announced a new collaboration that will pair Hitachi’s deep artificial intelligence (AI) expertise with Singtel’s Paragon platform, the all-in-one orchestration platform for 5G, edge computing…

Westcon-Comstor to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more

Global technology provider Westcon-Comstor has on Tuesday announced an expansion of its long-standing relationship with Finnish multinational telecommunications firm Nokia to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more.

Singapore’s Heymax.ai raises $2.6M in seed funding round led by January Capital

Singapore-founded loyalty platform Heymax.ai has on Tuesday announced it has raised $2.6 million in seed funding, led by January Capital. The round also saw participation from Tenity, Ascend Angels, XA Network and other strategic investors.

Bangkok Hospital invests $5.45M in state-of-the-art robot-assisted surgery to elevate patient care through surgical innovation

Bangkok Hospital, a healthcare provider in Thailand, has invested over 200 million baht ($5.45 million) to establish a cutting-edge robotic surgery center.

Indonesia’s Xurya raises $55M in funding led by Norwegian Climate Investment Fund

Xurya, a renewable energy company offering rooftop solar rental without initial cost in Indonesia, has announced receiving an additional $55 million investment. The deal was led by the Norwegian Climate Investment Fund managed by Norfund, with participation from Swedfund, Clime Capital as the manager of SEACEF II, British International Investment (BII), and…