News
East Ventures signs MOU with KADIN Net Zero Hub and WRI Indonesia for net zero targets
East Ventures, a sector-agnostic venture capital firm in Indonesia, has signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.
Bigo Live partners TripleA to enable users pay with crypto
Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with cryptocurrencies.
Singapore’s property portal MOGUL.sg raises $6.6M first Series A funding led by Nech Capital
MOGUL.sg, a Singapore-based artificial intelligence (AI)-driven property portal, has raised S$9 million ($6.58 million) in its first-ever funding round. The lead investor is Nech Capital.
Singapore’s Web3Re Technologies launches curated metaverse ecosystem
Web3Re Technologies Pte Ltd, a Singapore-based blockchain-as-a-service (BAAS) solutions company, has launched the country’s first curated metaverse ecosystem - Goya Universe, premised on demonstrating how blockchain can be used for good.
KKR leads $48M Series C round in Indonesian digital trust provider Privy
KKR, a leading global investment firm, and Privy, a leading digital trust provider in Indonesia, announced Monday the signing of definitive agreements under which KKR will participate as the lead investor in the $48 million Series C funding round of Privy.
Central Banks of Indonesia, Malaysia, Philippines, Singapore and Thailand seal cooperation in regional payment connectivity
Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.
Funding Societies partners with Proton to provide dealer financing for used car dealers
Funding Societies, Southeast Asia’s largest small and medium-sized enterprise (SME) digital financing platform, is collaborating with Malaysia's national car maker Proton to provide credit facilities for Proton dealers to finance the purchase of cars for floor stocking.
Cool Cats partners with Animoca Brands and OneFootball Labs to launch “Cool Cats FC”
Cool Cats Group, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and OneFootball Labs, a joint venture between Animoca Brands, OneFootball, and Liberty City Ventures, on Friday announced the launch of the new…
Indian fintech startup Bold Finance raises $1.5M seed round led by Kae Capital
Fintech startup Bold Finance said Thursday it has raised a seed round of $1.5 million led by Kae Capital. The round also saw participation from existing investor Antler India and several angel investors such as Nitin Gupta (Uni Cards), Ishpreet Gandhi (Stride Ventures), Shashikant Dola (McKinsey & Company), Tushar Mehndiratta (Avail Finance), Vadiraj…
DBS Indonesia signs $6M credit facility for Indonesia-based automotive startup Broom
Broom, an Indonesia-based automotive startup, announced Thursday its partnership with Bank DBS Indonesia through a IDR 100 billion ($6.45 million) credit facility. The credit facility is expected to be a growth accelerator for the company to expand its geographical scope and services across the used-car showroom industry in Indonesia, as well as Bank DBS…
