News

Philippine tech start-up Agile Data has on Wednesday announced an annual net revenue of PHP 27 million ($494,347) for 2023, with cost of goods sold (COGS) conservatively sitting at 37 percent. The firm attributed the revenue growth to its sustained clientele of international fast-moving consumer goods (FMCG), telecommunications, and technology companies.

Malaysia-based venture capital firms 1337 Ventures and Leet Capital are back to host the ECF Accelerator Program in the country to help Malaysian small and medium-sized enterprises (SMEs) maximize opportunities through equity crowdfunding (ECF) fundraising.

Japanese automaker Nissan Motor Co. has committed to invest up to Euro 600 million ($664 million) in Ampere, Renault Group’s new electric vehicle (EV) and software entity in Europe. This investment opportunity aligns with Nissan's electrification strategy, creating multiple potential benefits and synergies that complement Nissan's own goals and initiatives…

GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more people across the country, including those who are not Gojek and Tokopedia users.

Singapore-based cryptocurrency exchange company Crypto.com has partnered with LINE's crypto asset and blockchain-related business developer LINE Xenesis Corporation (LINE Xenesis) to advance the latest cryptocurrency business solutions developed by Crypto.com through the LINE user network and collectively advance crypto technology across Asia Pacific and…

Chinese financial services firm Ant Group and Nanyang Technological University, Singapore (NTU Singapore) have begun a research collaboration to explore privacy-preserving computing technology innovations.

Singapore-based Bunker has landed more than $5 million over two rounds for its financial analytics platform to propel Asia Pacific (APAC)’s startups and small and medium enterprises (SMEs) into a new era of accelerated profitability and reliable growth.

Wise Platform, Wise’s infrastructure offer for banks andnon-banks alike, has on Wednesday announced its continued expansion in Asia Pacific (APAC), integrating with nine partners in the first half of 2023. The firm has also launched a new feature to help enterprises and theircustomers spend and manage money in multiple currencies.

Singapore tops the digitalization ranking in Southeast Asia (SEA) with 1588 points, said Robocash on Wednesday. The second place is taken by Malaysia (1495 points), and the third by Indonesia (1419 points). Vietnam had the lowest points of 1258.