News
Alipay+ E-Wallet partnerships power iQIYI’s fast asia expansion
Popular Asian e-wallets are helping iQIYI, a China-based international streaming platform, accelerate its expansion through Alipay+ to help digital and entertainment (D&E) platforms reach young middle-class consumers looking for quality online video content.
Bain: SEA private equity deal value falls 52% in 2022
Southeast Asia’s (SEA) private equity (PE) market deal value fell 52 percent in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year, Bain & Company (Bain) said Thursday.
Foodpanda partners TADA for new user benefits in Asia
Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.
Singapore’s Accredify raises $7M Series A funding led by iGlobe Partners and SIG Venture Capital
Accredify, a Singapore-based verifiable technology solutions provider, has on Thursday announced that it has raised $7 million during its Series A funding round, co-led by top venture capital firms iGlobe Partners and SIG Venture Capital.
Airwallex launches global payments in Canada further building on expansion in Americas
Australia-based FinTech firm Airwallex has on Wednesday announced the launch of its global payments services in Canada.
Malaysia Central Bank to co-host virtual AML/CFT Hackathon 2023 to help crack down on financial crime
Malaysian Central Bank, in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023 from June 1 to 28, 2023 to develop digital solutions to help combat financial crime.
Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng
“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .
Indonesia’s eFishery sets to be a unicorn as firm “in advanced talks” to raise $100M – report
If the deal goes through, the start-up is set to join Indonesia’s growing list of tech unicorns.
Singapore’s Temasek joins United States’ BlueMark $10M funding round
BlueMark, a United States-based provider of independent impact verification and intelligence for the impact and sustainable investing market, has announced that it had closed its Series A funding round with $10 million in capital commitments from a diverse group of seven investors.
Singaporean lab-grown exotic leather producer ProjectEx aims to raise $1M in pre-seed round
Singapore-based lab-grown exotic leather producer ProjectEx, said Wednesday it aims to raise $1 million for its pre-seed round to revolutionize the luxury market with sustainable and cruelty-free exotic leather.
