News
NEC, Animoca Brands, Gryfyn team up for Web3 space collaboration
With the aim of creating and expanding the digital wallet market in the Web3 area, Japanese technology firm Nippon Electric Company, Limited, (NEC) has entered a memorandum of understanding with Hong Kong-based Wed-3 firm Animoca Brands Corporation Limited (Animoca Brands) and Gryfyn Holdings Limited (Gryfyn), a joint venture between Animoca Brands and Hex…
Singapore’s Horizon Quantum Computing raises $18.1M Series A funding from Sequoia Capital India, Tencent and others
Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced Friday that it has raised $18.1 million Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund.
Malaysia, Singapore announces cross-border QR code payment linkage
This cross-border QR code payment linkage is made possible through the strong collaboration of various industry players from both countries, including Payments Network Malaysia Sdn. Bhd. (PayNet), Network for Electronic Transfers (Singapore) Pte. Ltd (NETS), the Association of Banks in Singapore, and participating financial institutions from both countries.
Mobee obtains license to operate digital asset exchange in Indonesia; raises funds led by 1982 Ventures
Indonesian digital assets and securities Mobee has launched its newly registered digital asset exchange in Indonesia. The firm has also closed its funding round led by leading fintech fund 1982 Ventures and strategic Indonesian family offices and individuals.
Animoca Brands Japan invests $113M in LMI Group
Animoca Brands Japan, a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), announced Thursday that it has invested JP¥150 million ($112.8m) into LMI GROUP Inc. (LMI).
BEYOND Expo returns with more opportunities for Singapore businesses to grow internationally
BEYOND Expo aims to showcase the latest innovations and solutions to assist the tech industry, currently facing hiring slowdown and layoffs amid economic uncertainty
Shopee survey shows new generation of Malaysians shop value-based online
New generations of Malaysians are shopping with purpose online as Shopee's marketplace data shows online consumers are three times more likely to buy products that promote smarter consumption in 2023 than in 2020.
Indonesian insurtech firm Qoala raises $7.5M in Series B+ led by responsAbility
Qoala, an Indonesia-based insurtech company, has completed its Series B+ funding round, raising $7.5 million led by responsAbility Investments AG (responsAbility), a European investment firm.
BNPL schemes grow at a more moderate pace in 2022, says Malaysian Central Bank
Malaysian Central Bank said Wednesday that buy-now-pay-later (BNPL) schemes grew at a more moderate pace in 2022 amid tapering customer demand.
Elon Musk, tech experts call for ‘pause’ on advanced AI systems
The open letter came as tech giants and AI startups are rushing to develop better and more powerful AI systems to rival ChatGPT, the artificial intelligence chatbot developed by AI startup OpenAI which has gained popularity almost instantly.
