News

Singapore’s Lendela names Kent Huang, Steven Wong as CFO and CTO to scale APAC expansion

Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology Officer (CTO) to scale its Asia Pacific (APAC) expansion.

Digido partners PalawanPay to strengthen credit access in the Philippines

Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC), to strengthen access to fair credit.

East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis

Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures.

TNGlobal Tracker: Startup Funding Snapshot for January 2025

The Southeast Asia (SEA) Monthly Funding Tracker for January 2025 highlights some recovery in funding activity. Total funding amounted to $748 million across 17 rounds, marking a surge of 230.97 percent compared to December 2024 and a 291.62 percent decline from January 2024.

Mober launches Philippines’ first-ever fully electric tractor head

Mober, a green logistics services provider based in the Philippines, has unveiled the country's first 100 percent electric tractor head truck, marking a significant expansion of its electric vehicle (EV) fleet.

AirAsia MOVE’s monthly active users and number of transactions up quarter on quarter in fourth quarter 2024

Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has achieved higher monthly active users (MAUs) and number of transactions during the fourth quarter of 2024, driven by continuous improvements of the platform.

Nissan and Honda scrap merger plan

Japanese automakers Nissan Motor Co., Ltd. and Honda Motor Co., Ltd., have on Thursday terminated their merger plan.

Thailand’s HD HD boosts Series A to $7.8M to accelerate healthcare marketplace and AI in Southeast Asia

HD, a Thailand-based healthcare and surgery marketplace, has on Thursday announced the close of a Series A-1 strategic extension round with participation from the United States-based healthcare firm Merck Sharp & Dohme (MSD), bringing HD’s total Series A funding to $7.8 million.

NCT partners with OM Charge to build EV infrastructure at NSIP

Malaysia’s Managed Industrial Park (MIP) NCT Group of Companies, has partnered with OM Charge Sdn. Bhd to create a more sustainable transportation ecosystem at NCT Smart Industrial Park (NSIP).

AEON Bank and MADCash team up to launch program to empower female microentrepreneurs

Malaysia-based Islamic digital bank AEON Bank (M) Berhad has embarked on a strategic collaboration with fintech enabler focusing on female empowerment MADCash Sdn. Bhd. to empower 100 female entrepreneurs from B40 communities to kickstart their businesses and grow their entrepreneurial skills.