News

MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities

Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.

Momos raises $10M in Series A funding led by 645 Ventures

Singapore and the United States-headquartered artificial intelligence (AI)-powered customer platform Momos, has on Thursday announced its $10 million Series A funding led by 645 Ventures.

MEXC Ventures, Foresight Ventures & Mirana Ventures establish fund for Aptos Ecosystem expansion

This fund will target promising projects built on the Aptos platform by providing resources for the development of critical Web3 use cases that utilize Aptos' infrastructure, innovations such as Block-STM, and seamless interoperability with key EVM ecosystems.

J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia

To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.

Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO

Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business intelligence, data platforms, and ESG platforms.

Malaysia’s Boost Bank launches SME financing solutions

Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.

Malaysia & Cambodia launch cross-border QR payments connectivity

Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.

Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank

Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with the Bank of Thailand.

NextBold Capital eyes $100M fund to back SMEs in Vietnam, Cambodia, and Laos

NextBold Capital, a Vietnam-based private equity firm, is eyeing $100 million fund to back small and medium-sized enterprises (SMEs) in Vietnam, Cambodia, and Laos.

GoTo partners Alibaba to grow digital economy in Indonesia

PT GoTo Gojek Tokopedia Tbk (GoTo), an Indonesia-based digital ecosystem, and Alibaba, a China-based global e-commerce and technology company, have announced a strategic partnership that will support and help grow the digital economy in Indonesia.