News

SuperAtom raises $22M to expand its consumer financing platform to new emerging markets

SuperAtom, one of Southeast Asia’s leading fintech platforms, announced on Wednesday that it has raised $22 million in Series C financing led by Malaysia-based digital investment fund Nue 3 Capital.

Singapore’s SDAX launches integrated digital investment and trading platform

SDAX, a Singapore-based integrated digital investment and trading platform regulated by the Monetary Authority of Singapore (MAS), has official launched. SDAX offers access to curated institutional-grade investments focusing on real estate and environmental, social, and governance (ESG) to institutional, accredited and retail investors.

Global retail cryptocurrency app Luno partners payment provider FIS to introduce its newest payment option

Luno, the global cryptocurrency app that aims to put the power of crypto in everyone’s hands, announced on Wednesday its partnership with FIS, and will use their Worldpay Merchant Solutions capabilities to enhance its payment options.

Malaysia’s Meradue Services partners with MDV to facilitate global growth and expansion

Meraque Services Sdn Bhd (Meraque), a Malaysian drone tech company, announced Wednesday that the company is partnering with Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), to facilitate global growth and expansion.

Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC

Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.

Hong Kong’s Dash Living acquires Japan’s flexible accommodation firm IntheHood Hospitality

Dash Living, a Hong Kong-based serviced co-living community, announced Tuesday that it has expanded its presence in Japan through the acquisition of Tokyo-based IntheHood Hospitality via a share-swap based merger and acquisition (M&A) agreement.

Singapore’s Carousell acquires Indonesian recommerce platform Laku6

Carousell Group, the Singapore-based recommerce group, announced Tuesday that it has acquired control of Laku6, the artificial intelligence (AI)-first end-to-end electronics recommerce platform in Indonesia, to bolster expansion Of electronics recommerce in Greater Southeast Asia.

Singapore’s Mighty Bear Games raises $10M led by Framework Ventures

Mighty Bear Games, a Singapore-based multi-platform game development studio, announced Tuesday a $10 million round to launch its blockchain division and develop a series of immersive AAA web3 games that are novel, fair and thoughtful. The round was led by Framework Ventures.

PayMongo partners with Atome to expand ‘Buy Now Pay Later’ acceptance across The Philippines

PayMongo, a Manila-based online payment processing platform, announced on Tuesday a partnership with Atome Philippines to expand BNPL acceptance among merchants in the country.