News
Singapore’s SynaXG raises over $20M funding to accelerate global AI-RAN
SynaXG Technologies, a deep-tech startup founded in Singapore, has recently successfully closed its first funding round of over $20 million.
Huawei secures $84.66M financing from AmBank to boost 5G network in Malaysia
Huawei Technologies (Malaysia) Sdn Bhd has secured MYR 350 million ($84.66 million) supply chain financing facilities from AmBank Group to boost 5G network in Malaysia.
Thunes Asia receives IPA to expand scope of MPI license from MAS
Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the Monetary Authority of Singapore.
V-Green partners with Telkom Property to accelerate green infrastructure development in Indonesia
V-Green, a Vietnam-based electric vehicle charging infrastructure developer, has signed a memorandum of understanding with Telkom Property, a subsidiary of the multinational digital telecommunications company Telkom Indonesia, to accelerate green infrastructure development.
Temasek backs Black Forest Labs’ $300M Series B funding
Black Forest Labs, the category-defining visual intelligence company behind FLUX, announced Monday a $300 million Series B led by AMP and Salesforce Ventures, at a post-money valuation of $3.25 billion.
FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem
Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.
OpenSys launches Malaysia’s first palm-based payment innovation
OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for seamless, device-free payments in Malaysia.
Animoca Brands partners with Rayls to advance access to tokenized real-world assets
Hong Kong-based Web3 firm Animoca Brands announced Monday that it has entered into a memorandum of understanding (MOU) with Rayls, a blockchain ecosystem to bridge traditional finance with decentralized finance, for a strategic partnership focused on the tokenization of real-world assets (RWAs).
Solarvest secures $34.45M EPCC contract for 29.99MW large scale solar project in Kedah
M K Land Holdings Berhad, through its subsidiary Citra Energies Sdn. Bhd., a consortium between Solar Citra Sdn. Bhd. and TotalEnergies Renewables SAS, has announced the award of MYR 142.3 million ($34.45 million) engineering, procurement, construction and commissioning (EPCC) contract to Atlantic Blue Sdn. Bhd., a wholly owned subsidiary of Solarvest…
Ripple expands scope of payment activities in Singapore for its MPI license
Ripple, a global financial technology company providing crypto solutions for businesses, announced Monday that the Monetary Authority of Singapore (MAS) has approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its Singapore subsidiary, Ripple Markets APAC Pte. Ltd. (RMA).
