News
CapBay partners TrackerHero to launch $200M initiative to boost digitalization among Malaysia’s SMEs in security services
Bay Group Holdings Sdn Bhd (CapBay), a Malaysian supply chain financing provider and peer-to-peer (P2P) financing platform, and Ultrack Technology Sdn Bhd (TrackerHero), a provider of security workforce management solutions, have sealed a memorandum of understanding (MoU) to accelerate digital adoption and growth among small and medium-sized enterprises…
MAS and industry partners publish technical report on proof-of-concept Sandbox for quantum-safe communications within the financial sector
The Monetary Authority of Singapore (MAS), in collaboration with DBS, HSBC, OCBC, UOB, SPTel and SpeQtral, has successfully completed a proof-of-concept (PoC) sandbox to evaluate the use of Quantum Key Distribution (QKD) for secure communications in the financial sector.
NYK joins Neptune’s $52M Series B funding round led by Granite Asia
Nippon Yusen Kabushiki Kaisha (NYK Line), a Japan-based shipping company, and Neptune Robotics (Neptune), a Singapore-based robotics-driven vessel cleaning firm, have on Tuesday announced the signing of the memorandum of understanding which expand their partnership to accelerate fuel efficiency and decarbonization across NYK’s global fleet.
SEA tech firms funding falls 7 percent to $2.6B in first nine months of 2025 – Tracxn
A total of $2.6 billion was raised Southeast Asia's tech firms in the first nine months of 2025, a drop of 7 percent as compared to $2.8 billion raised in 9M 2024, and a drop of 58 percent compared to $6.2 billion raised in 9M 2023, Tracxn said Tuesday.
Thailand’s SEC launches TouristDigiPay sandbox
The Securities and Exchange Commission (SEC) has on last Thursday launched the TouristDigiPay sandbox, a pilot project for converting digital assets into Thai Baht for foreign tourists’ payments of goods and services within Thailand.
FPT partners AIA Vietnam to boost digital transformation in insurance sector
Vietnam's information technology (IT) corporation FPT has signed a memorandum of understanding (MOU) with AIA Vietnam Life Insurance Company (AIA Vietnam), AIA Group's subsidiary, to drive digital transformation in the insurance and healthcare sectors.
VinFast India partners with Central Bank of India to expand EV financing
VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Central Bank of India (CBI), one of the nation's largest banks, to provide retail car financing through its exclusive dealer network.
Digital Penang, MBAN launch Angel Investment Accelerator to strengthen Penang’s startup ecosystem
Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang.
WeLab and Google form AI strategic partnership to boost digital banking in Asia
WeLab, a Hong Kong-based fintech platform, and Google have announced an artificial intelligence (AI)-focus partnership to boost digital banking in the region, and advance WeLab’s goal of delivering AI-powered financial services to 500 million users by 2032.
Singapore’s audax becomes AWS Partner Network member to power scalable banking across APAC, Middle East
Audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered, announced Tuesday that it has joined the Amazon Web Services (AWS) Partner Network (APN).
