News
Cambodia’s ATEC raises $15.5M in funding round co-led by Lightrock and TRIREC
Cambodia's clean cooking technology firm ATEC has raised $15.5 million in a funding round co-led by Lightrock and TRIREC, with participation from Schneider Electric Energy Access Asia Fund.
FPT and Future Processing ink strategic partnership to accelerate digital transformation worldwide
Vietnamese information technology (IT) corporation FPT has signed a memorandum of understanding with Europe’s tech firm Future Processing to accelerate digital transformation in the banking, financial services, and insurance (BFSI) sector worldwide over the next three years.
Credit Saison launches $50M blockchain-focused venture capital fund
Japan-based venture capital firm Credit Saison has established “Onigiri Capital,” a fund specializing in blockchain investments, through its Singapore-based subsidiary, overseas corporate venture capital (CVC).
China’s Huize secures MAS license in Singapore for insurtech Poni
China-based Huize Holding Limited, through its international brand Poni Insurtech, announced that Poni Financial Advisory Pte. Ltd. has been licensed by the Monetary Authority of Singapore as a Financial Adviser and Exempt Insurance Broker.
Malaysia’s AlphaMove inks partnership with Chinese state government to foster deep tech economy, smart city innovation
AlphaMove, a Malaysian blockchain startup, has signed a strategic cooperation framework agreement with Guangxi Research Department, under the Nanning Provincial Government of China, to foster deep tech economy, smart city innovation.
Singapore’s Thunes partners barq to launch enhanced remittance services across Saudi Arabia
Thunes, the Singapore-based fintech firm, and barq, the digital wallet in Saudi Arabia, have announced the launch of barq’s enhanced remittance services to millions of consumers across the Kingdom.
Vietnam’s FPT inks $30M MOU for AI transformation
FPT Corporation, a Vietnam-based digital transformation firm, has officially signed a strategic agreement with one of Southeast Asia’s largest industrial conglomerates.
SC issues guidelines to establish Malaysia’s first social exchange
The Securities Commission Malaysia (SC) has on Friday issued the guidelines on social exchange platforms, paving the way for the establishment of Malaysia’s first social exchange to facilitate fundraising for social impact projects.
65 Equity Partners-backed AvePoint announces dual listing on SGX to continue global expansion
AvePoint, the 65 Equity Partners-backed global data security firm, announced Thursday its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX).
Indonesia’s GoTo secures $280M term loan facility
Indonesian technology giant PT GoTo Gojek Tokopedia Tbk. (GoTo) announced Thursday that it has entered into a new four-year term loan facility with a total size of Rp 4.65 trillion ($280 million).
