News

Temasek Trust launches philanthropy advisory services arm

Temasek Holdings-owned Temasek Trust has on Monday announced the launch of TT Foundation Advisors (TTFA) which aims to be a one-stop independent provider of philanthropy advisory and management services to philanthropic foundations, family offices, business corporations, philanthropists, and charities across Asia.

IFC invests $7M in Philippine consumer fintech firm Salmon

To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC), a member of the World Bank Group, is investing $7 million in the country's fintech firm Salmon Group Ltd. (Salmon).

JETOUR showcases hybrid off-road innovation at Beijing Auto Show; prepares entry into right-hand drive, European markets

Over the past years, JETOUR said it has demonstrated exceptional growth and a burgeoning dominance in the SUV segment. The company boasts the seventh position in China's automotive export volume and ranks second in growth rate, indicating its undeniable global impact.

Mandiri Capital Indonesia unveils initiative for startups overseas

Mandiri Capital Indonesia (MCI), a corporate venture capital (CVC) firm backed by Indonesia’s largest financial corporate, Bank Mandiri, have unveiled its first overseas Xponent program in Bangkok, Thailand.

UAE marketplace WEE secures $10M funding from SIG INVESTMENT

WEE, a marketplace specializes in fast delivery services within Dubai, has announced a $10 million infusion (comprising equity and credit facilities) from SIG INVESTMENT.

Tikehau Capital and Flow Capital team up for investment opportunities in Asia and globally

Tikehau Capital, the global alternative asset management group, and Flow Capital, a private credit platform specializing in Asia-Pacific real estate debt investment, will join forces to capitalize on this burgeoning market both in Asia and Europe.

Alipay+ enables digital payment of 14 overseas e-wallets from nine countries and regions in Hong Kong

Users of 14 popular overseas e-wallets from nine countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, the firm said Friday.

Salmon expands payment channels with ECPay partnership

Salmon Group Ltd, a financial technology group based in the Philippines, has on Thursday announced its strategic partnership with electronic payment systems provider ECPay, to expand payment channels.

Anichess raises $1.8M in funding round led by Sfermion and Amber Group

Anichess, Animoca Brands' chess-centered subsidiary, has on Thursday announced the completion of a funding round of $1.8 million. The round was led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, and others.