News

STACS partners GFA to greenify the transportation and logistics sector

Singapore-based environmental, social, and governance (ESG) fintech firm Hashstacs Pte Ltd (STACS), has on Thursday announced its partnership with green logistics certification body and non-profit association Green Freight Asia Network (GFA) to greenify the transportation and logistics sector and enable access to sustainable financing.

Pakistan learning platform startup Maqsad raises $2.8M in seed round

Maqsad, a Pakistan-based edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.

RHB Xcelerator program announces 11 finalists

The RHB Xcelerator programme, which have been launched by Malaysian lender RHB Banking Group and Malaysian venture capital (VC) firm 1337 Ventures, has announced 11 finalists that will compete at its first Demo Day.

Indonesia’s Hijra Bank optimistic on this year performance, aiming 1M users in 2024

Indonesian Islamic digital bank Hijra Bank is optimistic that its performance this year will increase, because it is supported by the number of users that have experienced significant growth, in line with the high public needs in sharia financial services.

DBS, Heritas Capital close Asia Impact First Fund with over $20M raised

Singaporean bank DBS and Singaporean investment firm Heritas Capital have on Wednesday announced the successful first close of the Asia Impact First Fund (AIFF) with over $20 million raised.

Saudi Arabia’s Nuqtah raises seed funding from Animoca Brands and Polygon

Nuqtah, Saudi Arabia’s non-fungible token (NFT) marketplace platform, has on Wednesday announced that it has raised a seed round of funding led by Animoca Brands with participation from Polygon and regional investors.

Taiwan’s funP Innovation raises $3.12M to fuel smart retail and cloud drive into the Indonesia market

FunP Innovation Group, the Taiwan-based digital advertising sales, and advertising technology conglomerate, has on Wednesday announced it had secured $3.12 million from Ennoconn Corporation, a global leader in integrated cloud management services, industrial internet of things (IoT), and embedded technology.

Microsoft-backed OpenAI announces ChatGPT successor GPT-4 that accepts image, text inputs

It is worth noting that GPT-4 can accept a prompt of text and images, which—parallel to the text-only setting—lets the user specify any vision or language task.

Malaysia’s largest lender Maybank introduces financing solution for electric vehicle

Malaysian bank Maybank has introduced Malaysia’s first-of-its-kind integrated automobile financing solution for electric vehicle (EV) and hybrid customers.