News

CTOS, Maybank Islamic team up to launch BaaS initiative for SMEs, consumers in Malaysia

CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, has joined forces with Maybank Islamic Berhad, an Islamic financial institution in Malaysia, to launch the first of its kind banking-as-a-service (BaaS) initiative.

Youngtimers acquires Richmond Funds Management for APAC expansion

Following the successful acquisition of C Capital in November 2024, Youngtimers AG, a Swiss-listed company, has announced a major step in its Asia Pacific (APAC) expansion with the signing of a non-binding term sheet for the acquisition of the Australian-based Richmond Funds Management (RFM), which will be rebranded as C Capital Australia upon completion of…

Coller Capital closes GP-led transaction of high-growth assets in China with GSR Ventures

Coller Capital, a global private market secondaries manager, has successfully closed a general partner (GP)-led secondary transaction in partnership with GSR Ventures, a global venture capital investment firm renowned for its investments in the consumer and technology sector.

Singapore’s Cobo partners with CoinCover, Shift Markets to strengthen crypto security and exchange infrastructure

Cobo, a Singapore-based digital asset custody and infrastructure solutions firm, has announced the signing of two strategic Memorandums of Understanding (MoUs) with global cryptocurrency insurance-backed technology firm CoinCover and crypto-as-a-service provider Shift Markets.

Petronas, Universiti Teknologi Petronas and TM One establish Malaysia’s first private 5G lab

Malaysia-based state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), Universiti Teknologi Petronas (UTP), and telecommunication firm Telekom Malaysia's enterprise and government sector solutions arm TM One, have established Malaysia’s first private 5G research and development lab, the PETRONAS-UTP 5G Innovation Lab or PER5ONA.

Singapore-based Nium expands real-time payouts into Australia

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced the expansion of its real-time payout capabilities into Australia.

HEYTEA partners with Adyen for global expansion

Adyen, the global payments platform, has on Monday announced its partnership with HEYTEA, the originator of China’s “new-style tea” and creator of the iconic cheese tea (cheese cloud foam).

Igloo launches new partnerships; appoints new Chief Distribution Officer

Singapore-based insurtech firm Igloo has entered 2025 with a strong push, launching new partnerships, introducing new products with existing partners across the region, and appointing a Chief Distribution Officer to grow its embedded insurance and sales intermediaries business lines.

Creative Capital Ventures appoints QQ Music founder Ken Cheung as Chairman, Asia Pacific

Creative Capital Ventures (CCV), an innovation group pioneering cultural and lifestyle innovation, has announced the appointment of Ken Cheung as Chairman, Asia Pacific and General Partner, based in Singapore.

ANEXT Bank awarded as the best digital bank in Singapore by The Asian Banker

ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant International, has been named the Best Digital Bank in Singapore by The Asian Banker in the TAB Global World’s 100 Top Digital Banks Ranking 2025.