News
MAS, Temasek Trust collaborate to accelerate growth of FinTech and impact ecosystem
Monetary Authority of Singapore (MAS) and Temasek Trust have collaborated to accelerate growth of FinTech and impact ecosystem. Temasek Trust has signed a letter of intent (LOI) with the MAS to explore a common FinTech and impact investment roadmap, and an interoperable technology framework to facilitate cross-platform collaborations between open…
[COMEUP 2023] La French Tech Seoul wraps up its Tech4Good Tour 2023 in Korea with annual Tech4Good Summit & Startup Pitch Contest Awards
The 2023 edition of Tech4Good focused on the themes of Deep Tech and Green Tech.
Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype
Malaysia-based energy firm Yinson Holdings Berhad (Yinson)'s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of its all-electric crew transfer vessel, the Hydroglyder.
Singapore’s Wind.App raises $3.8M funding from Global Founders Capital, Spartan Group
Singapore fintech firm Wind.App has announced a successful $3.8 million pre-seed funding round. The round was co-led by Global Founders Capital and Spartan Group, and saw participation from prominent investors, including Saison Capital, Alumni Ventures and Tiny VC.
Chiliz welcomes Animoca Brands to its SportFi ecosystem
Malta-based blockchain firm Chiliz announced on Monday that Hong Kong-based gaming firm Animoca Brands has joined its blockchain network as a validator and leading participant, further decentralizing the governance of Chiliz Chain.
Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs
SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, an unified SME digital finance platform in Malaysia and Southeast Asia, have allocated an initial fund of MYR 6 million ($1.27 milion) for Bumiputera youth entrepreneurs.
Malaysia’s JCorp invests $1.74 million into Singapore-based agritech firm Archisen
Malaysia-based state investment firm Johor Corporation (JCorp) Group will invest MYR 8.2 million ($1.74 million) into Singapore-based agritech firm Archisen Pte Ltd. FarmByte, a digital-first agrofood company within the JCorp, has signed a heads of agreement (HOA) with Archisen, proposing the FarmByte investment into Archisen and the establishment of an…
UNDP, MAS and partners launch Universal Trusted Credentials initiative for MSME financing
The United Nations Development Program (UNDP), the Monetary Authority of Singapore (MAS), Bank of Ghana (BoG), Global Legal Entity Identifier Foundation (GLEIF) and the SME Finance Forum announced Tuesday the launch of an open global initiative – Universal Trusted Credentials (UTC) – to improve micro, small and medium-sized enterprises (MSMEs) access to…
Grab-backed GXBank unveils beta bank app
GX Bank Berhad (GXBank), the Grab-backed Malaysian digital bank, is officially rolling out its beta app to selected 20,000 Malaysians users effective November 14, 2023. This comes after successfully testing the beta app amongst employees of the bank and partners.
Dubai launches $136M venture capital fund designed to finance technology startups
The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth $136 million. The fund is designed to finance technology startups and supports the economic objectives outlined in the Dubai Economic Agenda, D33 by promoting the growth of small and medium-sized enterprises (SMEs) in various emerging sectors.
