News
Indonesia’s Social Bread officially launched after raising $400,000 seed funding led by East Ventures
Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly small and medium enterprises (SMEs), has been officially launched.
Xapo Bank becomes fully licensed bank to enable USDC deposits and withdrawals
Xapo Bank, a bitcoin custodian and licensed private bank based in Gibraltar, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.
Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022
Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago, according to the Securities Commission Malaysia (SC)’s Annual Report 2022 released on Monday.
GDS, TNB sign supplemental agreement for powering data center campus in Malaysia
China-based data centers developer and operator GDS has signed a supplemental agreement with Malaysia-based utility firm Tenaga Nasional Berhad (TNB) for powering data center campus in Malaysia.
Vinfast expects to ship V8 electric SUVs to North America in early April
Vietnamese car maker Vinfast expects to export the VF 8 electric sport utility vehicles (SUVs) standard edition models to the United States and Canadian markets in April 2023.
Aussie startup Cauldron secures $7M to scale precision fermentation tech
Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot plant, and build a national production network and a world-beating team of precision fermentation experts.
Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia
Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu digital financial planning app accessible to more people.
Mystifly closes $8M in Pre Series B funding to expand operations in Singapore
Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.The funding was from Cornerstone Venture Partners (CSVP), along with earlier investments from RSI Fund I. LLC, a subsidiary of Recruit Co. Ltd., Jenfi and Crusade Partners.
Vemanti partners Finastra to build SME-focused neobank in Southeast Asia
United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized enterprise-focused neobank.
The Sandbox partners Ledger Enterprise to secure enterprises in the metaverse
The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger Enterprise, a division of France-based crypto-asset security firm Ledger.
