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Zalopay cooperates with Cake digital bank to expand digital financial touchpoints for Vietnamese users

Vietnamese payment platform Zalopay and digital bank Cake by VPBank announced Tuesday a comprehensive cooperation agreement, officially integrating Cake's key financial products right on the Zalopay application.

Nomupay secures $40M investment from Softbank to accelerate payment expansion across Asia

Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia.

I Squared Capital acquires controlling stake of Philippine Royale Cold Storage

I Squared Capital, an US independent global infrastructure investment manager, announced Tuesday that it has agreed to acquire a controlling stake in Royale Cold Storage (RCS), a cold storage operator in the Philippines.

BIG Caring picks RISE with SAP on AWS to accelerate digital transformation for pharmacy retail experience in Malaysia

Global artificial intelligence (AI) firm SAP announced Wednesday that BIG Caring Group, Malaysia’s largest retail pharmacy, has selected RISE with SAP on Amazon Web Services (AWS) to deliver a unified, scalable cloud-based data platform to integrate its retail operations across more than 500 stores nationwide.

Nvidia-backed Nebius secures $1B in debt financing to expand global AI infrastructure, including Asia

Nvidia-backed artificial intelligence (AI) infrastructure company Nebius Group N.V. has secured $1 billion in debt financing to expand global AI infrastructure, including Asia.

Philippine government partners Tomorrow.io to bring AI-powered weather forecasting to Filipino farmers

The Philippine National Irrigation Administration (NIA) has partnered with US weather intelligence firm Tomorrow.io, a technology provider of U.S. agencies NOAA, NASA, and Department of Defense, to bring artificial intelligence (AI)-powered weather forecasting to Filipino farmers.

Singapore’s MemeCore expands to South Korea with acquisition of KOSDAQ-listed company

MemeCore, a Singapore-based blockchain firm, has officially announced the commencement of its acquisition process for a KOSDAQ-listed company, marking a significant step in its expansion into the South Korean market.

Igloo launches tech solutions to boost insurance operations in SEA

Igloo, a Singapore-based regional insurtech, has launched Igloo tech solutions to boost insurance operations in Southeast Asia.

[BEYOND Expo 2025] NASDAQ-listed NIP Group’s Mario Ho sees a shift from esports’ “winter” to an era of transformation

As the global esports industry recovers from a period of downturn, Ho said he sees the so-called “esports winter” not as a crisis, but as a necessary phase of transformation. NIP, a Nasdaq-listed international esports group, is leveraging this moment to diversify its ecosystem and accelerate its global strategy, he added.

TNGlobal Tracker: startup funding snapshot for April 2025

Southeast Asia’s startup funding landscape saw a remarkable rebound in April 2025. The region recorded $439 million across 9 funding rounds, marking a 334.7 percent surge from March 2025’s $101 million and a 218.1 percent increase from $138 million in April 2024.