News
Alpha Startups™ Digital Accelerator Seeks Next-Gen Early-Stage Startups in Malaysia
New startup ideas and business models are key engines of economic growth. They not only create new jobs but also foster competitiveness and innovation, which is why the Malaysian government’s MyDIGITAL initiative is looking to attract two unicorns and launch 5,000 startups in the next five years.
Airasia Super App achieves record high growth in average monthly active users
Capital A Berhad's digital businesses, airasia Super App achieved a record high growth in average monthly active users (MAU) which stood at 10.6 million in the second quarter of 2022, up 236 percent compared to the same period last year.
MAS and Google Cloud launch Point Carbon Zero Program to catalyse climate FinTech solutions
The Monetary Authority of Singapore (MAS) and Google Cloud have on Tuesday jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.
Vietnam’s VinFast to focus on US, European EV markets before expanding in Southeast Asia
VinFast owns an automotive manufacturing complex that boasts up to 90 percent automation in Hai Phong, Vietnam. Capacity is 250,000 cars annually.
Malaysia’s Exabytes partners with China’s Huawei Cloud to provide cloud-first smart solutions
Malaysia-based all-in-one business cloud, digital, and e-commerce solutions provider Exabytes said Monday it continues to expand its capabilities by establishing a partnership with Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), offering cloud infrastructure-platform-and-software-as-a-service (IaaS, PaaS and SaaS) systems to boost the digital…
Singapore’s Smart Ship Hub raises $2.5M pre-series A funding led by Ideaspring Capital and StartupXseed ventures
Smart Ship Hub (SSH), a Singapore headquartered business to business (B2B) software as a service (SaaS) maritime digital platform, said Monday it has raised pre series round of $2.5 million led by Ideaspring Capital and StartupXseed ventures.
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
Aspire partners with Know Your Customer to financially empower SMEs and entrepreneurs across South-East Asia
Aspire, an all-in-one finance operating system for growing businesses in Southeast Asia has joined forces with award-winning RegTech provider Know Your Customer to safely facilitate access to its financial products to underserved SMEs and entrepreneurs in the region.
Singapore’s CrediLinq raises $2.6M co-led by 1982 Ventures and White Venture Capital
CrediLinq, a Singapore-based artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million funding co-led by 1982 Ventures and White Venture Capital. The round was further supported by 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels.
J&T Express celebrates Its fourth anniversary in Vietnam
Global logistics service provider J&T Express celebrates its fourth anniversary in Vietnam, marking four years of extensive expansion of its domestic network since its launch in Vietnam in July 2018.
