News

UnaFinancial said Wednesday that the number of fintech companies per one million people in Southeast Asia may double by 2027, reaching 100. This is supported by the growing super-platform economy, conducive regulatory frameworks and favorable economic conditions.

Tikehau Capital, the global alternative asset management group, has joined forces with Singapore-based brokeragefirm UOB-Kay Hian (UOBKH), to launch a new private credit strategy. Both sponsors will be contributing $50 million each in capital commitments to the strategy, demonstrating strong alignment of interest with investor clients.

Protégé Ventures (PV), Singapore-based student venture capital fund, has announced an undisclosed pre-seed investment in ZOLO, an artificial intelligence (AI)-powered business to business (B2B) software company founded by two alumni from two Singapore universities.

Indonesian telecommunication firm Telkomsel has on Wednesday announced a strategic collaboration with Google Cloud to integrate enterprise-grade generative AI (gen AI) into its operations and core product offerings for consumers and businesses.

GoFluid.io (Fluid), a Singapore-based fintech enabling flexible business to business (B2B) purchase financing, has raised $5.2 million in an equity round led by Insignia Ventures Partners. With $1.8 million raised in a seed round from Iterative and New Stack Ventures, the company brings its total funding to $7 million.

StashAway, a Singapore-based regional investment platform, has expanded its wealth management offering for high-net-worth individuals, StashAway Reserve, to Hong Kong, extending the success that StashAway Reserve has seen in Singapore.

ingapore-based Web 3 firm BuildBear Labs has announced a successful fundraising journey, securing approximately $1.9 million to propel the growth of our flagship platform. The round

Maxis, Malaysia’s leading integrated telecommunications provider, and Amazon Web Services (AWS) have on Tuesday announced a new collaboration to accelerate innovation in the dynamic fields of generative artificial intelligence (generative AI) and 5G use cases for Malaysian enterprise customers.

InSolare Energy, an India-based renewables engineering, procurement and construction (EPC) company dedicated to customer-centric and technology-driven solutions, has raised Rs 660 million (approximately $8 million) in a growth funding round.

GetGo, Singapore’s car-sharing platform, and SBSTransit, a bus and rail operator in Singapore, have announced a new partnership to promote seamless and sustainable mobility solutions for a car-lite Singapore. Both companies have committed to jointly promote car-sharing for better first- and last-mile connectivity to or from SBS Transit’s islandwide rail and…