News
LenderLink secures $1.25M pre-seed funding to build high-tech real-time credit bureau in the Philippines
LenderLink Philippines, a fintech focused on improving credit data infrastructure, has raised $1.25 million in an oversubscribed seed round.
Zoho forges strategic partnership with Cradle to empower Malaysia’s startup ecosystem
Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.
Singapore’s GIC leads $152M Series F in U.S. custodian Altruist
Altruist, a US-based custodian for registered investment advisors (RIAs), announced Tuesday that it has raised $152 million in Series F funding led by GIC, a Singapore-based institutional investor.
D2C companies in SEA raise $32.5M in 2024, a 3 times surge from 2023: Tracxn
The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday.
Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital
Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).
Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia
Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).
Delivery Hero continues geostrategy optimization and exits Thailand
Delivery Hero SE, the Germany-based delivery platform, announced Wednesday that foodpanda, its Asia-based business, will stop operating its platform, food and grocery delivery services in Thailand on May 23, 2025.
Pepper Labs collaborates with Microsoft to boost AI fluency in Malaysia
Malaysian social enterprise Pepper Labs has embarked on a strategic collaboration with Microsoft to expand the artificial intelligence (AI) for Malaysia’s Future (AIForMYFuture) initiative, a skilling program designed to democratize AI fluency across Malaysia.
F5 expands global footprint with new point of presence in Indonesia
F5, a global multi cloud application security and delivery company, has on Wednesday announced the expansion of its global network with a new point of presence (PoP) site in Indonesia.
Google Pay rolls out integration of eWallets – ShopeePay and TNG eWallet in Malaysia
Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay's first eWallet integrations in Southeast Asia.
