News
Thailand and China launch cross-border QR payment linkage
The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.
Singapore’s ROLO Robotics raises $3.45M in oversubscribed seed round led by BEENEXT
ROLO Robotics, a Singapore-based food robotics company, has raised $3.45 million in an oversubscribed seed round led by BEENEXT.
Singapore’s Nium secures payment institution license from Central Bank of Brazil
Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced that the Central Bank of Brazil has formally authorized it to operate as a Payment Institution (PI), representing a major milestone in the firm’s continued expansion across Latin America.
Malaysia’s Solarvest strengthens regional footprint with Nextree’s LSS5 award
Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.
Grab raises full year guidance after Q3 revenue up 22 percent on year
Southeast Asia's superapp Grab Holdings Limited has raised its full year guidance after its revenue grew 22 percent year-over-year, or 17 percent on a constant currency basis to $873 million during the third quarter ended September 30, 2025.
Currenc Group proposes reverse merger with Hong Kong’s Animoca Brands
Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.
Sastena Technology and FRIM forge AI-driven carbon intelligence partnership
Malaysia's artificial intelligence (AI)-enabled carbon intelligence firm Sastena Technology Sdn Bhd and the Forest Research Institute Malaysia's commercial subsidiary FRIM Incorporated Sdn Bhd have signed a memorandum of understanding (MoU) to advance Malaysia’s leadership in science-backed, AI-enabled carbon intelligence.
Vietnam’s Coolmate completes Series C funding round led by Vertex Growth Fund
Coolmate, the Vietnam’s direct-to-consumer (D2C) fashion brand, announced Monday the completion of its Series C funding round led by Vertex Growth Fund.
Mandala Capital secures Green Climate Fund approval to scale climate adaptation and transform food systems in South and Southeast Asia
Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.
Malaysia’s Mantayay secures $5M investment led by Kairous Capital
Since its founding in Malaysia, Mantayay has grown to serve global clients in gaming, FMCG, and technology across Southeast Asia. The company today manages over 4,000 TikTok creators, produces more than 1,000 short-form videos each month, and generates over 100 million monthly views across TikTok, YouTube, and Instagram.
