News
Singapore’s Glance acquires Indian gaming company Gambit to boost NFT gaming platform
Singapore based consumer internet company Glance InMobi Pte Ltd (Glance), announced that it has acquired Indian gaming company Gambit Sports Pvt Ltd. (Gambit), to accelerate its ambition of building the biggest platform for non-fungible token (NFT)-based live gaming experiences for Gen-Z, across markets.The acquisition brings together Glance’s scale and…
Ant-backed e-wallet Touch ‘n Go launches digital personal loan facility
Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma's Ant Group Co, announced Friday the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in…
Binance to be the official cryptocurrency exchange partner of the 64th Annual GRAMMY Awards
Binance, the global blockchain company behind the world's largest cryptocurrency exchange, announced Thursday it has signed a partnership agreement with the Recording Academy to become the first-ever official cryptocurrency exchange partner for the 64th Annual GRAMMY Awards and GRAMMY Week events, including the inaugural Recording Academy Honors…
Australia’s FinTech unicorn Airwallex launches payment services in Malaysia
Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex's fast, transparent and cost-effective…
Indonesia’s GoTo to raise $1.1B in IPO
Indonesia's largest tech firm GoTo Group said Thursday it will raise total $1.1 billion in its initial public offering (IPO), which would make this the third largest IPO in Asia and fifth largest in the world this year. The IPO price has been set in the top half of the range at IDR338 ($0.024) per share, representing a projected market capitalization of…
RaiSE unveils initiatives to scale up public-private synergies in Singapore’s social ecosystem
The Singapore Centre for Social Enterprise raiSE on Wednesday unveiled initiatives to catalyse financing, capabilities, and talent to scale up public-private synergies in Singapore’s social ecosystem.
Singapore’s Carzuno launches car subscription services in Thailand
Carzuno, a Singapore-based all-inclusive subscription platform for cars, announced Thursday that it has launched its operations across Thailand. The company has hired Wisate Kirin (ex-Carro, Toyota, Michelin) and Cathrin Samijtwong (ex-Servcorp, HappyFresh) to spearhead the car subscription operations in Thailand and enhance Carzuno's service ofering by…
Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report
The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations for a US debut stalled.
Microsoft for Startups Founders Hub platform launches in Asia to provide support to entrepreneurs and early-stage startups
Microsoft for Startups Founders Hub is designed specifically for early-stage startups to lower the barriers of business creation, be a catalyst for entrepreneurship and innovation, and contribute to easing the journey from an idea to a unicorn. It is available to all startups in Asia, including those without third-party backing, as part of Microsoft’s…
US and Japan-based gumi Cryptos Capital raises $110M early-stage fund to invest in blockchain startups
Gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm based in United States and Japan, announced Wednesday the completion of raising $110 million for its second blockchain-focused early-stage fund. The fund will target exceptional developers, projects, DAOs, guilds, apps, games, and protocols at any layer at the earliest stage and is…
