News
Malaysia’s regulator issues Product Governance Guidelines to promote responsible innovation and strengthen investor protection
The Securities Commission Malaysia (SC) introduced on Tuesday the Guidelines on Product Governance (PGG), aimed at strengthening investor protection as well as encouraging responsible product development and distribution in the capital market.
Malaysia’s First Move secures Jelawang Capital to back AI builders
First Move, a founder-led venture capital firm based in Malaysia, announced Tuesday its newest fund anchored by Jelawang Capital, the subsidiary under Malaysia’s sovereign wealth fund, Khazanah Nasional.
Malaysia’s 3cat raises Pre-Series A funding to scale omnichannel circular electronics platform
3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.
Seedflex Indonesia officially registered as provider and aggregator for financial products and services
Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.
Brankas partners Gimasys to deliver open banking solution for Vietnam’s financial sector
In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.
PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia
Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.
Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification
Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…
Southeast Asia’s platform e-commerce GMV reaches $128.4B; top 3 platforms increase market share to 84 percent
Platform-based ecommerce in the Southeast Asia region reached $128.4 billion in gross merchandise value (GMV) in 2024, representing a 12 percent year-on-year growth, Momentum Works said Wednesday in third edition of its Ecommerce in Southeast Asia report.
Kyndryl launches ASEAN AI Innovation Lab in Singapore to support regional AI growth including Malaysia
Kyndryl, an enterprise technology services based in the United States, announced Tuesday the launch of its ASEAN AI Innovation Lab in Singapore.
POP MART connects with Southeast Asia’s Toy Collectors through Lazada
China-based toy company POP MART has connected with Southeast Asia’s Toy Collectors through Lazada.
