News

Singapore’s FOMO Pay bolsters digital asset compliance through strategic partnership with Notabene

FOMO Pay, a Singapore-based digital payment and digital banking solutions provider, has on Tuesday announced its strategic partnership with Notabene. The implementation of Notabene's end-to-end solution for global travel rule compliance enables FOMO Pay to further enhance its know-your-transaction (KYT) capabilities and highlights FOMO Pay's commitment to…

India’s SatSure raises $15M in Series A round led by Baring Private Equity Partners, India and Promus Ventures

SatSure, an India-based satellite Earth observation data and analytics firm, has closed a Series A round of $15 million in equity capital and venture debt. The round has been led by Baring Private Equity Partners (BPEP), India and Promus Ventures, with participation from Omidyar Network India, and xto10X.

Singapore’s Eureka AI partners with Google Cloud for Telecom Analytics as a service

This partnership with Google Cloud allows Operators to offer their B2B enterprise partners Eureka AI’s highly scalable and privacy secure suite of products that help them to grow their digital business and financial inclusion.

Vietnam’s MFast secures Series A funding led by Wavemaker Partners, sets sights on regional expansion

MFast, a financial services distribution network in Vietnam, has concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.

Online grocery firm Zepto raises $200M at $1.4B valuation, emerges as Indian first unicorn this year

Founded in July 2021, Zepto plans to go public in the next two to three years.

Vietnam joins regional payment connectivity initiative

State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.

PropertyGuru’s revenue rises 12 pct year on year, underpinned by Malaysia and Singapore’s operations

Singapore-based property portal PropertyGuru Group Limited has on Thursday announced that the group's revenue increased by 12 percent year on year to SGD 37 million ($27.28 million). PropertyGuru said in a statement that the group posted a net loss of SGD 6 million ($4.42 million) in the second quarter, as compared to a net income of SGD 4 million ($2.95…