News
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.
US’s Anchorage Digital expands in Asia with five new institutional partners
United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.
Thai media giant T&B Media Global enters metaverse with $300M hybrid equity-NFT raise led by Sygnum
Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over $300 million to fund its new interconnected metaverse platform.
Singapore’s ADVANCE.AI partners Visa to strengthen credit decisioning for unbanked and underbanked in Southeast Asia
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company in Asia, is partnering with Visa to strengthen better credit decisioning to help unbanked and underbanked segments get access to credit across Southeast Asia.
SEA’s top 10 e-commerce platforms web traffic rises 64% between Q3 2019 & Q2 2022
Web traffic for Southeast Asia (SEA)’s top 10 e-commerce platforms increased by a notable 64 percent between the third quarter of 2019 and second quarter of 2022, a report showed Tuesday. According to iPrice’s Map of E-commerce first half report, during this period, Singapore-based Shopee consolidated its position as the leading regional e-commerce…
