News

International Payment Identity (iPiD), a Singapore-based fintech firm, announced Wednesday it has secured $5.3 million in a Pre-Series A funding round. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures.

Minister of Science, Technology and Innovation Chang Lih Kang said the development will focus on the manufacturing process and energy production on a large scale, while also being able to accommodate general demand.

Taiwanese battery swapping platform Gogoro has partnered Colombian fuel and lubes company Terpel to launch Gogoro’s battery swapping in Bogota Colombia through the Terpel Voltex brand.

Despite current global economic headwinds and private funding in the region declining to its lowest levels in six years, the startup ecosystem in Southeast Asia and India remains resilient, demonstrating significant signs of maturity, a study showed Tuesday.

Senangdali, a subsidiary of Malaysian Insure-Tech Senang.io, has partnered with Philippine fintech firm GoodTech, to offer loan protection insurance product specifically designed for rural banks in the Philippines, underwritten by local insurance providers.

Animoca Brands Corporation Limited (Animoca Brands), a Hong Kong-based Web3 firm, announced Monday a strategic partnership with Web3 venture builder Everest Ventures Group (EVG) that includes cross-investments in each other’s projects.

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, will embark on joint marketing withHyundai Department Store. The two parties are aiming to expand customer interaction and strengthen their global positions through holding a pop-up store at The Hyundai Seoul, now a globally established…

Singapore-based insurtech Igloo has partnered with the Philippines’ mobile network Smart to offer phone protection plans for its growing 55 million subscriber base in the Philippines.

Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, has announced an agreement for $50 million investment from Gold Sino Assets Limited (Gold Sino) to continue its leadership in urban battery swapping ecosystems and smart mobility innovation to accelerate the shift to sustainable urban transportation.

Google has on Monday announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company’s total investments in technical infrastructure in the country to $5 billion, up from $850 million in 2018.