On location
Australia’s Airwallex expands payment acceptance to the US
Airwallex, an Australia-based global payments and financial platform, has on Thursday announced the United States launch of its payment acceptance solution.
SGInnovate: Singapore’s early-stage emerging tech startups total funding up 59 percent on year to $402M in 2023
Singapore’s early-stage emerging tech startups saw an uptick in funding in 2023, with total funding climbing to $402 million in 2023, up 59 percent from $253 million in 2022, SGInnovate said Tuesday.
Chinese EV manufacturer Chery to invest in Thailand – report
Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.
GXBank on track to establish regional center of excellence for shared services in Malaysia
Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia. Establishing the COE is part of GXBank’s MYR 1.5 billion (314 million U.S. dollars) investment into Malaysia over the next five years.
Indian tech startup Plane raises $4M seed funding from OSS Capital
Plane, an India-based open-source project management platform, has on Wednesday announced it has secured $4 million in a Seed round funding from OSS Capital. This investment will fuel the company’s community growth and compete in the coveted enterprise segment.
Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam
Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.
FPT, NVIDIA team up for $200M AI factory in Vietnam
Vietnam-based information technology (IT) firm FPT will invest $ 200 million in building an artificial intelligence (AI) factory that will serve as a sovereign cloud in Vietnam via a partnership with United States-based technology firm NVIDIA.
Singapore’s Thunes acquires US payments platform Tilia LLC
Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.
Vietnam’s VinFast signs agreements with 12 new dealers in US
Vietnamese carmaker VinFast Auto has on Tuesday announced it has officially signed agreements with 12 new dealers in the United States (US).
Primer partners Banxa to strengthen global crypto adoption through payments
Tencent-backed fintech firm Primer, has on Wednesday announced its strategic partnership with Banxa, a crypto infrastructure provider based in Australia, to boost crypto adoption via payments.
