News
Singapore’s Finmo secures $18.5M in Series A funding round co-led by Quona Capital, PayPal Ventures
Finmo, the Singapore-based treasury operating system (TOS), has on Thursday announced its successful oversubscribed $18.5 million Series A funding round, bringing its total funding to $27 million.
Singapore’s Trident signs preliminary collaboration agreement with Congo government for implementation of National Digital Identity System
This preliminary collaboration agreement signifies the operational launch of a comprehensive digital identification and authentication platform in the DRC. It formalizes the initial collaboration between Trident and the Democratic Republic of the Congo, transitioning from strategic planning to contractual execution.
EY unveils AI innovation centre to propel Malaysia’s technological advancement
The AI Innovation Center is a nexus of three core components: the AI Lab, AI Academy, and AI Research. The AI Lab provides a secure space to test and refine AI concepts; the AI Academy is dedicated to empowering individuals and organizations with AI knowledge; and AI Research is committed to advancing the frontiers of AI solutions.
CGC Digital, Funding Societies, and FarmByte team up to support agricultural financing in Malaysia
Malaysia-based fintech firm CGC Digital, Singapore-based financing platform Funding Societies | Modalku (Funding Societies), and Malaysia-based agricultural digital service firm FarmByte have teamed up to support agricultural financing in Malaysia.
Amazon unveils new Singapore office as AWS Asia Pacific Hub
American multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard.
ADI invests $8M in AC Ventures’ Climate and Sustainability Fund
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a $8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund.
MAS and ABS to establish new payments entity to position national payment schemes for next stage of growth
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced that a new entity will be set up to consolidate the administration and governance of Singapore’s national payment schemes to position these schemes for the next stage of growth.
Klook secures $100M in funding led by Vitruvian Partners
Klook, a Hong Kong-based platform for experiences and travel services, has on Tuesday announced $100 million in funding led by the global growth investment firm Vitruvian Partners.
Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia
Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered application security and security-as-a-service (SECaaS).
AirTrunk plans to develop its second cloud and AI-ready data center in Malaysia
Asia Pacific and Japan (APJ) hyperscale data center specialist AirTrunk has announced plans to develop its second cloud and artificial intelligence (AI)-ready data center in Malaysia, named AirTrunk JHB2 (JHB2) located in Iskandar Puteri, Johor region.
