News

Singapore’s Thunes expands into Saudi Arabia

Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.

Ethis Group launches new Ethis Super Angel Syndicate

Ethical and Islamic investment, and social finance platform operator Ethis Group has on Tuesday re-launched the Ethis Super Angel (ESA), rebranding it as the ESA Syndicate this year. Initially started as a network within the Ethis community in 2020, ESA is a private group of angel investors from across the globe that invests in Shariah-compliant startups…

Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand

Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia Pacific. The three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin.

Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group

Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of TMG marks SoPa's first foray into Thailand and adds to…

Grab Philippines acquires motorcycle taxi firm MOVE IT

Grab Philippines has announced that it has acquired motorcycle taxi firm MOVE IT’s business operations. Backed by Grab and MOVE IT’s shared commitment towards safe and reliable mobility services for everyday Filipino commuters, Grab Philippines will help MOVE IT further scale its existing motorcycle taxi fleet and improve the efficiency of its platform.

Apple Pay launches in Malaysia

Thousands of retailers in Malaysia will accept Apple Pay, with support from some of the country’s most established banks across major credit and debit networks, Apple said

Australia to explore use cases for central bank digital currency

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC) in Australia.

Crypto.com secures operating licenses in South Korea

Crypto.com, the world’s fastest growing cryptocurrency platform, announced Monday it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.

Yinson signs MOU with GoCar to provide charge EV solutions and services to GoCar users

Yinson GreenTech (YGT), the green technologies division of Yinson Holdings Berhad, through its joint venture company Green EV Charge Sdn Bhd has signed a memorandum of understanding (MOU) with GoCar Mobility Sdn Bhd (GoCar) to provide charging infrastructure facilities and solutions, along with customer care services to GoCar users.

India’s upGrad closes investment round of $210M

UpGrad, an India-based higher EdTech major has on Monday announced a fresh round of $210 million fundraise from marquee investors and family offices who join the company cap-table. This round has witnessed participation from ETS Global, Bodhi Tree , Singapore's Kaizen Management Advisors Pvt. Ltd, Family office of Bharti Airtel, Narotam Sekhsaria Family…