News
Singapore FinTech startup Doxa secures $2M in pre-series A round
Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…
Hong Kong’s Animoca Brands set to acquire Australian digital marketing agency Be Media
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Tuesday it will acquire Australian digital marketing agency Be Media to focus on key opportunities in Australia centered around blockchain development.
Singapore’s Thunes takes majority stake in AML and compliance platform Tookitaki in $20M deal
Thunes, a Singapore-based global payments company, announced Tuesday that it has taken a majority stake in the Singapore-based anti-money laundering (AML) and compliance technology firm Tookitaki Holding Pte Ltd by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money…
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding
Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…
Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group
Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.
Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles
VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…
Singaporean ride-hailing app Ryde to launch community NFT project
Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.
Hong Kong’s Animoca Brands to acquire French blockchain game developer Darewise
Animoca Brands, the company Hong Kong-based firm advancing digital property rights for gaming and the metaverse, announced Wednesday it will acquire Darewise Entertainment, a France-based game developer founded by veterans of the AAA games industry that is currently developing the high-quality blockchain MMO Life Beyond. The collaboration will facilitate…
