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UK FinTech giant Wise sees cross-border payments in Malaysia still lag behind, aims to close gap [Q&A]
In the interview, Lim also shared why Wise's services would be appealing to Malaysians, the payment firm's strategy to expand further in the country and the challenges it faces.
Malaysian Central Bank aims to issue up to five DITO licences
Malaysian Central Bank has on Friday issued the exposure draft on licensing and regulatory framework for Digital Insurers and Takaful Operators (DITOs) for written feedback following the issuance of the discussion Paper earlier this year. The bank aims to finalise the policy document and invite the applications for licence in 2023. Meanwhile, up to five…
Vietnam’s VinFast exports the first batch of electric vehicles to United States
Vietnamese electric vehicle maker VinFast said Friday, it has exported its first batch of smart electric vehicles including 999 VF 8s to international markets. This batch was transported by the Silver Queen – a Panamanian charter ship – and is expected to arrive in a California port (USA) about 20 days after deporting from MPC Port in Haiphong, Vietnam.……
Singapore’s SC Capital Partners teams up ADIA to form Asia Pacific data center investment program
SC Capital Partners Pte Ltd, the Singapore-headquartered private equity real estate fund manager, has announced the formation of a data centre investment program with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). SC Capital Partners has secured commitments for the new mandate from ADIA, with the ability to scale up over time to $2…
India’s Kae Capital announces the final close of Fund III at $96M
Kae Capital, a venture capital firm in India, announced Friday that it has closed its Fund III, raising INR 767 Cr ($96 million).Some of the leading international institutional investors who have backed this fund are Old Mutual Wealth, Velo Partners, and Finext, whilesome of the Indian investors are HDFC Holdings and SIDBI.
Singapore Blockchain Innovation Program launches hackathon to accelerate blockchain adoption
S$80,000 in prizes for the nation's best hackers to bring their blockchain innovation to life.
EY and Microsoft expand alliance to help businesses achieve net-zero goals
The EY organization and Microsoft has on Friday announced a deepened strategic relationship to further develop environmental, social, and governance (ESG) data management offerings that support clients with achieving operational decarbonization and net-zero goals.
South Korea’s Paycoin partners Singapore’s TripleA for global crypto payments
Paycoin, a crypto payments company based in South Korea, has kickstarted its expansion into the global crypto payments market through a partnership with Singapore-based crypto payment firm TripleA. Payprotocol AG, the issuer of Paycoin (PCI) has on Friday announced a memorandum of understanding (MOU) with TripleA, to collaborate on building a global crypto…
Vietnamese audio content platform Fonos raises $1.8M Pre-Series A round to expand into podcasting
Fonos, a Vietnamese audio content startup, said Thursday it has raised $1.8 million in Pre-Series A funding led by US media and technology VC North Base Media. The round also saw participation from returning and new investors, including AngelCentral, Vietcetera’s Vietnam Innovators Fund, and Orvel Ventures.
