News
PropertyGuru appoints Lu Yao as Managing Director for Singapore
PropertyGuru Group, the Singapore-based property technology company, announced Thursday the appointment of Lu Yao as Managing Director, effective September 15.
Airwallex expands to billing businesses via OpenPay acquisition
Airwallex, a global financial platform for modern businesses, announced Wednesday the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics.
Singapore’s RushOwl raises $10M in Series A funding led by Gobi Partners
RushOwl, a Singapore-based ride-sharing platform that reduces carbon emissions with its proprietary artificial intelligence (AI)-based technology, has raised $10 million in Series A funding led by Gobi Partners, a pan-Asian venture capital firm.
FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]
Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.
StraitsX partners TBCASoft for multi-currency, stablecoin-driven cross-border payments
StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins, has announced a strategic memorandum of understanding (MOU) with TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network.
Thunes, Ripple expand global partnership to boost cross-border payments
Thunes, the Singapore-based payment firm, and Ripple, the US digital asset infrastructure for financial institutions, have announced an expanded partnership to boost cross-border payments globally.
Amazon launches $4.4B infrastructure region in New Zealand
Amazon announced Monday the launch of the AWS Asia Pacific (New Zealand) region with potential investment of NZ$7.5 billion ($4.4 billion).
Insider threats, supercharged by AI, set for explosive growth in APJ – Exabeam
Insider threats, supercharged by artificial intelligence (AI), set for explosive growth in the Asia Pacific and Japan (APJ), Exabeam research showed recently.
China’s JD.com keen to expand Malaysian operations, eyeing logistics sector – report
Anwar said JD.com also intends to buy more Malaysian products to market in China. Earlier, the prime minister, who is on a four-day working visit to China, held a business meeting with the company's top management led by JD Logistics CEO and executive strategy member Hu Wei.
Singapore’s Venturi Partners announces first close of Fund II at $150M
Venturi Partners, a Singapore-based consumer growth fund, has announced the first close of its second fund at $150 million.
