News
Singapore and Vietnam enhance collaboration in digital asset regulatory framework
The Monetary Authority of Singapore (MAS) and the State Securities Commission of Vietnam (SSC) have agreed on Wednesday to collaborate in capital markets regulation and digital asset regulatory framework.
Indonesia’s Elevarm raises $4.25M in Pre-Series A funding led by Intudo
Elevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global.
Singapore Airlines, Salesforce collaborate on AI-powered customer servicing applications
US cloud-based software company Salesforce and Singapore Airlines (SIA) have on Wednesday announced that the airline is incorporating Agentforce, Einstein in Service Cloud, and Data Cloud into its customer case management system, enabling it to deliver more consistent and personalized service to its customers.
Malaysia’s Okapi secures up to $2M in debt financing from Aquila to drive solar energy adoption in Southeast Asia
Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, has announced the successful closing of an up to $2 million debt facility arranged by Aquila.
GoTo Group beats guidance with record results
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has exceeded its breakeven guidance, with record high core gross transaction value (GTV), gross revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), underscoring its accelerating growth and profitability.
CelcomDigi and PayNet join forces to strengthen digital security in financial transactions
Malaysian telecommunications firm CelcomDigi Berhad and national payments network Payments Network Malaysia Sdn Bhd (PayNet) have announced an inter-industry partnership to provide Malaysians with a more secure and seamless access to digital financial services using CelcomDigi’s Open Gateway.
Singapore’s Chocolate Finance engages with MAS on customer withdrawal issues
The Monetary Authority of Singapore (MAS) said Wednesday that it continues to engage Chocolate Finance, an online robo advisory service operated by Chocfin Pte Ltd, to ensure that all customer withdrawals will be met in an orderly fashion.
Malaysia’s SpaceTech startup SpaceIn secures investment from 1337 Ventures
With this investment, SpaceIn is set to accelerate its growth in 2025 by advancing its sensor modem and ground segment for the SpaceANT system, developed in partnership with the ITIC project.
Maxis, Huawei collaborate to drive AI and ML powered intelligent network operations
Malaysian telecommunication firm Maxis and Huawei Technologies (Malaysia) Sdn Bhd have announced a strategic collaboration to advance intelligent network operations through artificial intelligence (AI) and machine learning (ML).
Pine Labs partners with Visa to provide instalment solutions to merchants across key markets in Southeast Asia
Pine Labs, an India-based fintech platform, has announced a partnership with global payment firm Visa to introduce Visa Instalment Solutions (VIS) on Pine Labs’ multi-issuer payment solution across key markets in Southeast Asia.
