News
Airwallex sustains $5.5B valuation with $100M Series E extension
Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation.
Indonesia’s ALAMI closes pre-series B round led by East Ventures
ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.
New MRANTI Park Master Plan will assist Malaysia in facing Industrial Revolution 4.0, says PM
MRANTI Park will be equipped with modern infrastructure, including high-speed broadband and 5G technology, as well as incentives and funding opportunities. It is also designed to attract young professionals and create a stable pathway for highly skilled talents
Singapore Web3 firm Suberra secures $2.7M funding
Singapore Web3 firm Suberra has raised $2.7 million to date over two funding rounds from investors like Spartan Capital, Delphi Ventures, Hashed, Newman Capital, Defiance Capital, Arcane Group, and TsingTech Ventures.
Singapore’s bolttech acquires majority shareholding in Indonesian broker Axle Asia
Bolttech, the Singapore-based international insurtech, announced Thursday it has completed the acquisition of a majority shareholding in PT Axle Asia, an established insurance broker in Indonesia.
MAS launches ESG Impact Hub to spur growth of ESG ecosystem
The Monetary Authority of Singapore (MAS) on Wednesday launched the environmental, social, and governance (ESG) Impact Hub (the Hub) to spur co-location and collaboration between ESG FinTech start-ups and solution providers, financial institutions and real economy stakeholders.
Cool Cats secures strategic investment from Animoca Brands
Cool Cats Group LLC, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, announced Wednesday that it has received a strategic investment from Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse.
Singapore’s Bizbaz closes $4M seed funding led by HSBC Asset Management
Bizbaz, the next generation customer intelligence and risk assessment company headquartered in Singapore, announced Wednesday that it has closed its $4 million seed funding round led by HSBC Asset Management (HSBC AM).
Singapore’s Carro launches assurance certification for used cars
Singapore-based used car marketplace Carro, has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including Singapore, Indonesia, Malaysia, Thailand and Taiwan.
Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally
Aiello Inc.(Aiello), a Taiwan-based natural language processing (NLP) and voice artificial intelligence (AI) startup, announced Tuesday it has raised $5.8 million in a Series Pre-A+ funding round led by two major institutional investors, JAFCO Asia and Wistron Corporation.
