News

Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from $6.3 billion in 2022, Tracxn said Monday.

Singapore-based property technology firm PropertyGuru Group announced Monday that Hari V. Krishnan will step down as the company's Chief Executive Officer (CEO).

Malaysia-listed tech firm Green Packet has secured a digital lending license from Malaysian government.

Skyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Singapore-based digital wealth advisory platform Endowus has announced an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5 million.

Vietnam and Laos have launched a framework for local currency settlement and cross-border QR code payment connectivity, the State Bank of Vietnam (SBV) and the Bank of the Lao P.D.R. (BOL) said on Friday.

Singapore-headquartered healthcare investor August Global Partners (AGP) is investing in Vietnam=based genomic testing company Gene Solutions (GS) through a proprietary funding round.

The Malaysia Digital Economy Corporation (MDEC) has on Thursday announced the public launch of the IP360 Metaverse Platform, an initiative in digital innovation and cultural preservation.

Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the major payment institution (MPI) license for its Singapore entity, Reap Singapore.

Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A funding round led by Betatron Venture Group.