News

Funding Societies Thailand joins NCB to strengthen SME access to finance

FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.

Philippine fintech firm Higala closes $4M seed fund

Talino Venture Studios, Chemonics International, Kadan Capital, Tenco Capital, and 1982 Ventures have closed Higala’s seed funding round to $4 million, amplifying its abilities to digitally transform rural banks and other microfinance institutions in underserved communities.

Gobi Partners expands to Japan with JR East’s TAKANAWA GATEWAY Link Scholars’ Hub

Gobi Partners, one of Asia’s most active venture capital firms, has entered Japan through JR East’s TAKANAWA GATEWAY Link Scholars’ Hub (LiSH) as a Global Network Partner, marking a decisive step in connecting Japan’s innovation frontier with Southeast Asia’s growth markets.

E-commerce continues to drive Malaysia’s digital economy with $227B in revenue for first three quarters of 2025

Malaysia’s e-commerce revenue for the first nine months of 2025 reached MYR 937.5 billion ($226.67 billion U.S. dollars), an increase of 1.9 percent compared to the same period in 2024.

MUFG extends $36M working capital facility to Carsome Capital

MUFG Bank (Malaysia) Berhad, a subsidiary of global financial institution, Mitsubishi UFJ Financial Group, Inc. (MUFG), has extended a new revolving working capital facility totaling MYR 150 million ($36.27 million) to CARSOME Capital Sdn Bhd (Carsome Capital), the financing arm of Carsome Group, a Southeast Asia’s integrated automotive e-commerce…

HSBC Malaysia grants its first social loan to CapBay to support the growth of SMEs in Malaysia

HSBC Malaysia has recently provided its first social loan facility to Bay Harbour Ventures Sdn Bhd (BHV), a special purpose vehicle by peer-to-peer (P2P) lender CapBay.

SC announces first cohort of regulatory Sandbox participants

The Securities Commission Malaysia (SC) has announced the selection of six participants for the inaugural cohort of its Regulatory Sandbox.

DSSI rolls out largest-owned EV fleet in the Philippines

DHL Summit Solutions, Inc. (DSSI), the joint venture between DHL Supply Chain APAC and JG Summit Holdings, Inc., marked a major milestone in its sustainability journey on Wednesday with the inauguration of its Electric Vehicle (EV) fleet.

Apis Partners’ Funds lead $60M Series C in Thai D2C insurance firm Roojai

Apis Partners Group (UK) Limited, a global private equity firm focused on investments at the intersection of financial services and technology, and Asia Partners, an investor in high-growth companies across Asia, have announced a joint investment in the $60 million Series C fundraise by Roojai, Thailand’s direct-to-consumer (D2C) digital insurer.

ComfortDelGro, Hello collaborate on Robotaxi deployment in China and overseas markets

ComfortDelGro Corporation Limited announced Tuesday that its subsidiary, ComfortDelGro (China) Pte. Ltd., has signed a memorandum of understanding (MOU) with Hello Robotaxi to collaborate on large-scale commercial Robotaxi deployment in China and overseas markets.