News

Singapore’s Mighty Bear Games raises $10M led by Framework Ventures

Mighty Bear Games, a Singapore-based multi-platform game development studio, announced Tuesday a $10 million round to launch its blockchain division and develop a series of immersive AAA web3 games that are novel, fair and thoughtful. The round was led by Framework Ventures.

PayMongo partners with Atome to expand ‘Buy Now Pay Later’ acceptance across The Philippines

PayMongo, a Manila-based online payment processing platform, announced on Tuesday a partnership with Atome Philippines to expand BNPL acceptance among merchants in the country.

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.

Singapore skyline SGX SPAC

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.