News

Ficus Capital partners INCEIF University to launch ESG-i assessment framework for MSMEs in Malaysia

Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i) assessment framework to empower micro, small and medium enterprises (MSMEs) in Malaysia with sustainable practices.

Gentari partners Lazada to expand green mobility adoption in Malaysia

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green mobility adoption in Malaysia.

Triple-A to integrate Paxos-issued PayPal USD into its payments solutions

Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept the stablecoin as a payment method, and to facilitate cross-border payments using the stablecoin.

HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode

Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside contributions from existing shareholder Temasek.

Bain & Company : SEA’s private equity deal falls in 2023 amid global turmoil

The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume dropped 24 percent in the same period, Bain & Company said Thursday.

Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia

Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic collaboration aimed at transforming the airline inflight experience, from ordering to paying for goods and services.

Disrupt Technology Venture unveils health tech fund with leading Thai business groups

Thailand-based investment firm Disrupt Technology Venture (Disrupt) has announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners from leading Thai business companies.

MyCIF co-invests $61.4M in 2023 in 3,587 Malaysian MSMEs

The Malaysia Co-Investment Fund (MyCIF) has co-invested MYR 289 million ($61.4 million) via alternative financing platforms in 2023, consistently spurring growth and enhancing competitiveness of Malaysian micro, small and medium enterprises (MSMEs).

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Singapore to invest close to $222M in National Quantum Strategy

Singapore’s Deputy Prime Minister and Chairman of the National Research Foundation (NRF) Heng Swee Keat, has on Thursday outlined an investment of close to SGD 300 million ($222 million) into Singapore’s National Quantum Strategy (NQS) to advance Singapore’s growing Quantum industry.

Pyvio partners Currencycloud to deliver cross-border payments for Chinese e-commerce businesses

United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.