On location

Pencil Finance, the student loan real-world-asset (RWA) protocol on EDU Chain that is co-incubated by Animoca Brands and HackQuest, announced Thursday the successful issuance of student loan capital raised entirely on-chain via the Pencil Finance platform.

MEASAT Global Berhad (MEASAT), a Malaysia-based spacetech solutions provider, has secured the Indian National Space Promotion and Authorization Center’s (IN-SPACe) authorization to offer its satellite services in India through NewSpace India Limited (NSIL).

ShopBack, a Singapore-based shopping, rewards, and payments platform, announced Tuesday that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) for digital payments.

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.

Singapore-based fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorized Electronic Money Institution (EMI).

Singapore's state-owned fund Temasek announced Wednesday that it has reported a net portfolio value (NPV) of S$434 billion ($339 billion) for the financial year ended 31 March 2025, up S$45 billion ($35.13 billion) from a year ago.

Sunday, an InsurTech based in Thailand, is working with Salesforce, the global artificial intelligence (AI) customer relationship management (CRM) firm, to centralize operations, personalize engagement for over 330,000 customers, and scale their business using solutions including Sales Cloud, Service Cloud, Tableau and Slack.

BDx Data Centers (BDx), a carrier-neutral data center platform based in China, has launched Southeast Asia’s first hybrid quantum artificial intelligence (AI) testbed in collaboration with Anyon Technologies, a Singapore-based large-scale quantum computing systems firm.

NUS Enterprise, the entrepreneurial arm of the National University of Singapore, has appointed Dr Patrick Ennis and Donna See as strategic advisors to support its next phase of growth in innovation and deep-tech commercialization.

Bunjang, a South Korea's customer-to-customer (C2C) secondhand marketplace platform, has reaffirmed its commitment to Singapore as a strategic growth engine in its broader Asia strategy.