News

Singapore’s True Global Ventures invests over $24M in French crypto firm Ledger

Singapore-based technology equity Venture Capital firm True Global Ventures (TGV) has invested over $24 million into Ledger, the France-based platform for digital assets and Web3.

Switzerland venture capital firm Tenity to expand investment in fintech and insurtech in Europe and Asia

Tenity (formerly F10), the Switzerland-based innovation ecosystem, and early-stage investor creating the future of finance, has on Thursday announced the first closing of its Tenity Incubation Fund I.

NEC, Animoca Brands, Gryfyn team up for Web3 space collaboration

With the aim of creating and expanding the digital wallet market in the Web3 area, Japanese technology firm Nippon Electric Company, Limited, (NEC) has entered a memorandum of understanding with Hong Kong-based Wed-3 firm Animoca Brands Corporation Limited (Animoca Brands) and Gryfyn Holdings Limited (Gryfyn), a joint venture between Animoca Brands and Hex…

Singapore’s Horizon Quantum Computing raises $18.1M Series A funding from Sequoia Capital India, Tencent and others

Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced Friday that it has raised $18.1 million Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund.

Malaysia, Singapore announces cross-border QR code payment linkage

This cross-border QR code payment linkage is made possible through the strong collaboration of various industry players from both countries, including Payments Network Malaysia Sdn. Bhd. (PayNet), Network for Electronic Transfers (Singapore) Pte. Ltd (NETS), the Association of Banks in Singapore, and participating financial institutions from both countries.

Mobee obtains license to operate digital asset exchange in Indonesia; raises funds led by 1982 Ventures

Indonesian digital assets and securities Mobee has launched its newly registered digital asset exchange in Indonesia. The firm has also closed its funding round led by leading fintech fund 1982 Ventures and strategic Indonesian family offices and individuals.

Animoca Brands Japan invests $113M in LMI Group

Animoca Brands Japan, a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), announced Thursday that it has invested JP¥150 million ($112.8m) into LMI GROUP Inc. (LMI).

BEYOND Expo returns with more opportunities for Singapore businesses to grow internationally

BEYOND Expo aims to showcase the latest innovations and solutions to assist the tech industry, currently facing hiring slowdown and layoffs amid economic uncertainty

Shopee survey shows new generation of Malaysians shop value-based online

New generations of Malaysians are shopping with purpose online as Shopee's marketplace data shows online consumers are three times more likely to buy products that promote smarter consumption in 2023 than in 2020.

Indonesian insurtech firm Qoala raises $7.5M in Series B+ led by responsAbility

Qoala, an Indonesia-based insurtech company, has completed its Series B+ funding round, raising $7.5 million led by responsAbility Investments AG (responsAbility), a European investment firm.