News

PayPay, Alipay+ extend enhanced e-wallet payment options to over 3 million merchants across Japan with expanded partnership

PayPay, Japan's top QR payment operator, has on Wednesday announced an expanded partnership with Alipay+, Ant International’s cross- border mobile payment and digitalization technology solution, broadening its merchant coverage network across Japan.

Malaysia’s digital bank GXBank introduces new products & tech startup accelerator program

The event also saw the launch of TeXnovasi, a collaborative effort between GXBank and Grab Malaysia, and supported by Cradle Fund Sdn Bhd (Cradle), MYStartup and 1337 Ventures which aims to build an inclusive and sustainable tech-based entrepreneurship ecosystem in Malaysia.

Sunway iLabs & JETRO KL: five years of cross-border innovation for a sustainable future

This year, the Sunway iLabs–JETRO Green Transformation Accelerator (GXA) Program focuses on sustainability. The program provides startups an engaging platform to be immersed in the Malaysian business ecosystem, collaborating with Sunway Group and its business partners.

Indonesia’s Dash Electric secures seed funding to scale EV-as-a-Service across Indonesia

Dash Electric, an Indonesian electric vehicle (EV)-as-a-service startup, has on Wednesday announced the successful close of its oversubscribed seed funding round, led by The Radical Fund and co-led by Bali Investment Club (BIC).

NTU Singapore, Walden International launch $38M fund to support deep tech startups

Nanyang Technological University, Singapore (NTU Singapore) and leading global venture capital (VC) firm Walden International are launching a new venture capital fund to support deep tech spin-offs from the university.

Digital economy will reach $263B in GMV next year, says report

Google, Temasek, and Bain & Company have projected that the digital economy in Southeast Asia (SEA) will reach $263 billion in gross merchandise value (GMV) in 2024, a 15 percent increase over last year.

Canva partners e-commerce app Enstack to empower businesses with free design tools

Canva, an Australia-based online design platform, has forged a long-term partnership with Philippines e-commerce platform Enstack to empower businesses with free design tools.

Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia

Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.

Wavemaker Impact launches Numat with $525,000 investment to drive sustainable bamboo processing

Singapore-based climate tech venture builder Wavemaker Impact has launched Numat, a new venture focused on transforming bamboo processing with sustainable practices.

MAS announces plans to support commercialization of asset tokenization

The Monetary Authority of Singapore (MAS) has on Monday announced plans to advance tokenization in financial services.