News
TrueMoney Malaysia now supports DuitNow QR
TrueMoney, a Malaysia-based e-wallet and digital payment platform under Ascend Money, a joint venture between The Charoen Pokphand Group (C.P. Group) and Ant Financial (Alibaba), has on Tuesday announced its enablement to pay with DuitNow QR.
January 16, 2024
Hong Kong’s HashKey raises nearly $100M in Series A financing round to accelerate product diversification
HashKey Group (HashKey), an end-to-end digital asset financial services group based in Hong Kong, has announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion.
January 16, 2024
Singapore customer data platform Meiro secures strategic $3M Pre-Series A funding to drive global expansion
Singapore customer data platform (CDP) Meiro has successfully secured $3 million in an over-subscribed pre-Series A round led by Southeast Asian venture capital firm Wavemaker Partners, with participation from angel investors at Singapore-based Angel Central.
January 16, 2024
South Korea maps out $470B plan to build chipmaking hub – report
The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.
January 16, 2024
Paycorp partners Triple-A to enable CryptoExpress app users to withdraw cash at ATMs across South Africa
Global payment company Paycorp, has partnered with digital currency payment institution Triple-A to allow users of the Paycorp-powered CryptoExpress app, to use their digital currencies to make cash withdrawals at over 3,000 ATMs in South Africa.
January 15, 2024
Philippine social commerce platform Toki secures $1.8M pre-seed funding
Toki, a social commerce platform based in the Philippines, has secured $1.8 million pre-seed funding to address demands of untapped market. The pre-seed funding comes from venture capital partners Kaya Founders and Foxmont Capital Partners.
January 15, 2024
News,Thailand,Indonesia,InsurTech
Thailand-based insurtech Roojai acquires Indonesian online insurance aggregator Lifepal
Thailand-based insurtech Roojai Group announced last Friday that it has acquired Lifepal, an online insurance broker in Indonesia with over 2 million unique visitors per month.
January 15, 2024
Sprout Solutions acquires JustPayroll’s Philippine operations
Sprout Solutions, the Philippines’ homegrown business to business (B2B) software as a service (SaaS) company, has acquired the Philippines operations of JustPayroll Inc..
January 12, 2024
News,Electric Vehicles & Mobility,Malaysia
Careplus, GoAuto JV to commence $130M green technology facility in Malaysia
NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker Careplus Group Berhad and the automotive solutions provider GoAuto Group Sdn Bhd, will start the construction of a MYR 600 million ($129.17 million) green technology facility dedicated to manufacture and assembly of new energy vehicles, including electric vehicles…
January 12, 2024
News,Malaysia,China,Electric Vehicles & Mobility
Malaysia’s Warisan TC inks deal with China’s GAC AION to distribute EV in Malaysia
Malaysian passenger car rental firm Warisan TC Holdings Berhad (WTCH) has inked a deal with Chinese electric vehicles (EVs) manufacturer GAC AION New Energy Automobile Company Limited (GAC AION) to distribute EVs in Malaysia.
January 12, 2024