News

Grab agrees to buy 60% of Atome Financial for $1.49 billion

Grab signed an agreement to buy 60% of Atome Financial for $1.49 billion in cash, with the first closing expected by the third quarter of 2027, subject to approvals.

Petronas and partners advance Southeast Asia methane emissions technology evaluation center through strategic collaboration

Petroliam Nasional Berhad (Petronas) has on Tuesday strengthened regional cooperation on methane emissions management through the signing of a Memorandum of Collaboration (MoC) with strategic partners to establish and operationalize the Southeast Asia Methane Emissions Technology Evaluation Centre (SEA METEC) Collaboration Group.

Jumio rolls out selfie-first reusable identity across APAC

Jumio has expanded selfie.DONE across Asia-Pacific, offering previously verified users a selfie-first path through identity checks while retaining risk controls.

Flam raises $40 million Series B for interactive AI content

Flam raised $40 million in a QED Investors-led Series B to develop interactive AI content tools and expand enterprise sales, with activity in India and Southeast Asia.

Japan’s Ricoh invests in Singapore mental-health platform Intellect via $20M venture fund

Japan's Ricoh has invested in Intellect, a Singapore-based workplace mental-health platform, through its corporate venture-capital fund, in the fund's first deal.

China’s AlphaPai raises $50M Series B for AI investment-research assistant

China's AlphaPai, an AI assistant for investment research, has raised $50 million in a Series B round backed by major Chinese financial institutions, its third funding round in a year.

Dutch chip-security firm Fortaegis raises $50M Series A led by Singapore-based Serendipity Capital

Dutch chip-security startup Fortaegis Technologies has raised $50 million in an oversubscribed Series A round led by Singapore-based Serendipity Capital, to move its silicon-based "Secure Compute" technology into commercial production.

Google Cloud opens Singapore Engineering Center to build AI and cloud products for global markets

Google Cloud has opened a Singapore Engineering Center linking AI research, cloud product development and enterprise deployment across Southeast Asia.

TrueMoney taps Fireblocks for Thailand blockchain-payment pilot

TrueMoney is using Fireblocks embedded-wallet infrastructure for THBT Phase 2, a Thailand blockchain-payment pilot operating within regulatory sandboxes.

Southeast Asia leads SAS trustworthy AI index, but ROI and audit rates slip

A SAS and IDC study finds stronger trustworthy-AI scores across Singapore, Malaysia and Thailand, even as reported ROI and regular audit rates decline.