News

PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go

PPRO, the global provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on…

Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures

SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw…

Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global

StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B…

Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com

New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. IslamicMarkets.com who…

Singapore’s #dltledgers raises $6M Series B investment, crossing $70M valuation mark

Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised S$8.5 million ($5.99 million)…

Malaysia’s respond.io raises $7M funding led by Headline Asia

Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline…

Singapore’s Cargobase closes growth financing round from Lufthansa Innovation Hub and Trestle Partners

Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to…

UOB Malaysia partners SJPP to provide $219M in green financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP), a wholly-owned company of Minister of Finance Inc, to launch the U-Green Financing program,…

Singapore’s Tower Capital Asia collects $379M in maiden fundraise

Singapore-based private equity firm Tower Capital Asia has on Tuesday concluded the final closing of its maiden blind-pool private equity vehicle, TOWER CAPITAL PE FUND I, LP. A…

Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund

Pan-Asian venture capital (VC) firm Gobi Partners announced Tuesday the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz…