News

In the Post-Covid world, pen and paper and the great resignation emerge as key hurdles for SMEs to ramp up their operations

With the reopening of borders and sectors across Southeast Asia, retail food and beverage (F&B) is ramping up again. However, many small and medium enterprises (SMEs) looking to ride this wave of pent-up demand find themselves bogged down with familiar foes: pen and paper.

Culinary startup Mangkokku raises $7M Series A funding from Alpha JWC Ventures & EMTEK

Indonesia-based culinary startup Mangkokku announced today its recently closed Series A funding of $7 million co-led by Alpha JWC Ventures and EMTEK, with participation from Cakra Ventures.

Request Finance raises $5.5M from Animoca Brands, Balderton, XAnge and Web3 Founders to simplify enterprise Crypto payments

Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe early-stage venture capital investor Balderton Capital, and XAnge.

China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO

The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".

Alipay+ partners ComfortDelGro for foreign mobile payments in Singapore

ComfortDelGro Taxi and Alipay+ announced Wednesday a partnership that enables mobile payments from Malaysia and South Korea, namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis. Users of these mobile wallets can pay for the cab fare simply through the wallet apps without the need to…

YAS MicroInsurance and Amodo join forces to enable autonomous insurance on-chain

YAS MicroInsurance (YAS), a Hong Kong-based insurance on blockchain frontier, said Thursday it is joining forces with Amodo, a Croatia-based telematics insurtech company, to deliver autonomous insurance on-chain. This collaboration symbolises the new age of insurance against the backdrop of smart cities.

Vietnam’s Ancient8 raises $6M from Makers Fund and C2 for GameFi infrastructure

Ancient8, a GameFi infrastructure developer and Vietnam’s largest blockchain gaming guild and community, announced Thursday the completion of a $6 million private round of financing led by Makers Fund and C² Ventures. The round also saw participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures,…

Razer Fintech acquires Indonesian digital payment firm E2Pay

Razer Fintech’s acquisition of E2Pay expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest-growing digital economies in the world.

ADDX is first Singapore financial institution to recognize crypto assets of accredited investors

Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.