On location

A total of $2.6 billion was raised Southeast Asia's tech firms in the first nine months of 2025, a drop of 7 percent as compared to $2.8 billion raised in 9M 2024, and a drop of 58 percent compared to $6.2 billion raised in 9M 2023, Tracxn said Tuesday.

The Securities and Exchange Commission (SEC) has on last Thursday launched the TouristDigiPay sandbox, a pilot project for converting digital assets into Thai Baht for foreign tourists’ payments of goods and services within Thailand.

Vietnam's information technology (IT) corporation FPT has signed a memorandum of understanding (MOU) with AIA Vietnam Life Insurance Company (AIA Vietnam), AIA Group's subsidiary, to drive digital transformation in the insurance and healthcare sectors.

VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Central Bank of India (CBI), one of the nation's largest banks, to provide retail car financing through its exclusive dealer network.

Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang.

WeLab, a Hong Kong-based fintech platform, and Google have announced an artificial intelligence (AI)-focus partnership to boost digital banking in the region, and advance WeLab’s goal of delivering AI-powered financial services to 500 million users by 2032.

SCEKL 2025 welcomed 10,700 registered participants who came from all over the country and also from the ASEAN region. As the first Southeast Asian city to host the Smart City Expo World Congress, Kuala Lumpur has positioned itself as a convening hub for the region’s AI Cities and digital transformation dialogue. Delegates from 28 ASEAN cities underscored…

Audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered, announced Tuesday that it has joined the Amazon Web Services (AWS) Partner Network (APN).

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, marked its 10th anniversary with the launch of Pakej Rakyat, a program that offers high-quality refurbished cars from MYR 199 ($47) per month under Carsome Value Plus, together with a free one-year warranty and service packages, supported by its in-house financing through…

Singapore’s fintech sector recorded a strong rebound in the first half of 2025, attracting close to $1.04 billion in investments across 90 deals, according to KPMG’s Pulse of Fintech H1’2025 report revealed on Friday.