News

Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership

The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.

Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast Asia

The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.

Deloitte: Malaysia leads SEA region with record IPOs this year

Malaysia has led Southeast Asian (SEA) region with record initial public offerings (IPOs) this year, Deloitte said Tuesday.

Cybersecurity unicorn Semperis bolsters identity-driven cybersecurity efforts in Singapore following major funding round

Semperis, a global cybersecurity firm, will bolster identity-driven cybersecurity efforts in Singapore following its major funding round.

Deloitte: Southeast Asian IPO market remains tepid in 2024 with capital raised falling to the lowest in nine years

Southeast Asian initial public offering (IPO) market remains tepid in 2024, but momentum builds towards a 2025 rebound, Deloitte said in a statement on Tuesday.

Solarvest partners Finhero to launch Vietnam’s first solar financing Fintech solution

Solarvest Holdings Berhad (Solarvest), a Malaysia-based clean energy firm, has partnered Malaysian fintech firm Finhero, to officially launch its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese businesses.

Crypto exchange OKX launches SGD deposits and withdrawals for Singapore customers

OKX, a global crypto exchange and onchain technology company, has on Monday announced it will provide instant, zero-fee SGD deposits and withdrawals to OKX customers in Singapore through PayNow and Fast and Secure Transfers (FAST) payment services.

Singapore’s Portcast secures $6.5M Series A funding led by Susquehanna Asia VC

Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has on Monday announced it has raised $6.5 million in a Series A funding round.

Ant International unveils global program for marine conservation

AquaViva will leverage Ant International’s digital capabilities to raise awareness, educate communities, and foster a global mindset toward marine sustainability. This includes leveraging data analytics and outreach platforms to support Conservation International’s research and deepen insights into conservation efforts.

Corporate Malaysia could contribute to doubling venture capital funding to $250 million by 2030, says report

Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday.