News
Maybank partners Gentari to explore green mobility, renewable energy solutions
Malaysian lender Malayan Banking Bhd (Maybank) and clean energy firm Gentari have on Monday announced a significant step towards a more sustainable future with the signing of a memorandum of understanding (MOU) to explore collaboration in green mobility and renewable energy solutions.
Animoca Brands partners KACST to launch Web3 hub in Saudi Arabia
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Monday announced that it has entered into a Memorandum of Understanding (MOU) with King Abdulaziz City for Science and Technology (KACST) to collaborate to advance the Web3 and gaming ecosystem in the Kingdom of Saudi Arabia (KSA).
Khazanah to commit additional $128M to support Malaysian startups
Malaysian sovereign fund Khazanah Nasional said Monday that it aims to provide additional MYR 600 million ($128 million) in 2024 to support startups in Malaysia.
Malaysia’s cooperation with China will boost opportunities for local innovators to collaborate globally, says tech minister
The Minister of Science, Technology and Innovation (MOSTI) welcomes China’s participation to accelerate science and technological innovation and deepen cooperation in all aspects, including interconnectivity, digital economy, green economy, modern agriculture and biomedicine.
Ant raises mobile payment services transaction limits for overseas visitors on Alipay, international e-wallets in China
In response to China's new policies to facilitate international visits, Chinese fintech firm Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from $1000 to $5000; and annual cumulative transaction limit up from $10,000 to $50,000.
Malaysia to launch AI code of ethics & governance guideline as soon as April – report
The Ministry of Science, Technology and Innovation said the document is scheduled to be presented to the Cabinet this month before its official launch in April.
Softbank-backed Carro expands into Hong Kong with Beyond Cars acquisition
Carro, Southeast Asia's largest online used car platform, has on Thursday announced its acquisition of Beyond Cars, one of the leading used car platforms in Hong Kong. With Hong Kong under its belt, the firm is now present in a total of seven markets, including Singapore, Malaysia, Indonesia, Thailand, Japan, and Taiwan.
Razer’s fintech arm rebrands as Fiuu
Razer Fintech, the financial technology arm of Razer Inc., together with its business to business (B2B) payments unit, Razer Merchant Services (RMS), have announced a dynamic rebranding initiative on Friday. The company unveils a new single name, logo, and identity as Fiuu, signifying its ambitious plans to become a leading force in the future of digital…
Indonesian Proptech company Rukita secures $15M Series B1 funding
Rukita, an Indonesia-based proptech group, announced Thursday that it has secured $15 million in the Series B1 fund raise. In this round, the company welcomes exciting new investors and partners: MPower Partners, BNI Ventures, Openspace Ventures, and other international impact investors including renowned NBA star Jeremy Lin.
Singapore insurtech Sunday acquires Indonesian general insurer KSK Insurance
Sunday Ins Holding, a Singapore-based regional full-stackinsurtech group, has completed the acquisition of PT KSK Insurance Indonesia in January. The deal makes the firm as one of the largest insurtech groups fully licensed in the two largest general insurance markets in the region with revenue surpassing $100 million.
