News

Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours

Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded funds (ETFs) during Asian market hours, through both the web trading platform of Phillip’s Online Electronic Mart System (POEMS) and the latest POEMS Mobile 3 App.

Singapore’s Fintonia awarded provisional virtual assets license in Dubai

Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s fast-growing digital assets ecosystem by operating crypto native services under full…

AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce

AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with total funding to date approximating $91.7 million.

Indonesia’s Pintarnya raises $8M seed fund from East Ventures and VVSEAI

Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, announced Tuesday it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to $14.3 million. With this new funding, the group will grow its ecosystem of job seekers and employers across…

Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures

Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade…

URECA introduces leading technology to democratise access to carbon credits

URECA introduced on Monday a proprietary technology and platform that is set to democratise the access to carbon credits globally.

East Ventures appoints Avina Sugiarto as Partner

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced Monday the appointment of Avina Sugiarto as a Partner at the firm.

Malaysia’s Bank Islam launches digital banking app

Malaysia-listed banking firm Bank Islam Malaysia Berhad has on Sunday officially launched its fully cloud-native digital banking proposition named Be U, the first-of-its-kind technology stack which is anticipated to be the cornerstone of all upcoming digital banks to be introduced in Malaysia. Made available to the public since mid-June this year, Bank…

Advance Intelligence Group acquires Singapore-based fintech startup Jewel Paymentech

Advance Intelligence Group, a Singapore-based unicorn tech start-up, announced on Monday its acquisition of Jewel Paymentech, a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for the financial services and payments industry.

India-founded healthtech firm Wysa secures $20M led by HealthQuad and BII

Wysa, an artificial intelligence (AI) digital platform for mental health originally founded in India, announced Thursday it has secured $20 million in financing. The round is led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google…