On location
Central Banks of Indonesia, Malaysia, Philippines, Singapore and Thailand seal cooperation in regional payment connectivity
Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.
Funding Societies partners with Proton to provide dealer financing for used car dealers
Funding Societies, Southeast Asia’s largest small and medium-sized enterprise (SME) digital financing platform, is collaborating with Malaysia's national car maker Proton to provide credit facilities for Proton dealers to finance the purchase of cars for floor stocking.
Cool Cats partners with Animoca Brands and OneFootball Labs to launch “Cool Cats FC”
Cool Cats Group, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and OneFootball Labs, a joint venture between Animoca Brands, OneFootball, and Liberty City Ventures, on Friday announced the launch of the new…
Indian fintech startup Bold Finance raises $1.5M seed round led by Kae Capital
Fintech startup Bold Finance said Thursday it has raised a seed round of $1.5 million led by Kae Capital. The round also saw participation from existing investor Antler India and several angel investors such as Nitin Gupta (Uni Cards), Ishpreet Gandhi (Stride Ventures), Shashikant Dola (McKinsey & Company), Tushar Mehndiratta (Avail Finance), Vadiraj…
DBS Indonesia signs $6M credit facility for Indonesia-based automotive startup Broom
Broom, an Indonesia-based automotive startup, announced Thursday its partnership with Bank DBS Indonesia through a IDR 100 billion ($6.45 million) credit facility. The credit facility is expected to be a growth accelerator for the company to expand its geographical scope and services across the used-car showroom industry in Indonesia, as well as Bank DBS…
India’s Even Healthcare secures additional funding of $15M
Even Healthcare, an India-based healthcare startup, said Friday it has raised additional funding of $15 million to expand personalised and preventive care in India. The new capital comes from new investors Alpha Wave and Aspada (Lightrock).
Razer launches traceable carbon neutral checkout solution
Razer, United States and Singapore-based lifestyle brand for gamers, has introduced Restorify, an e-commerce service rolled out by Razer Fintech, the financial technology arm of Razer. Restorify is a traceable carbon neutral checkout, and was launched during COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate…
Huawei Cloud partners Singapore IMDA to launch incubator program
Huawei Cloud has launched the inaugural Spark Incubator program as part of its partnership with the Infocomm Media Development Authority’s (IMDA) PIXEL Innovation Hub. In a statement, The program targets early-stage Singapore-based start-ups in the pre-seed and seed space from sectors including FinTech, Web3, metaverse and software as a service (SaaS)…
Vietnam’s VinFast returns to Los Angeles Auto Show with four EV models
Vietnamese electric vehicle (EV) manufacturer VinFast on Thursday announced its participation in Los Angeles Auto Show 2022 (LA Auto Show 2022) from November 17 to 28, 2022, and will be showcasing its four EV models in the B-C-D-E segments.
India’s Amagi raises over $100M from General Atlantic
Amagi, an India-based media technology provider, announced Thursday over $100 million in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic. The investment brings Amagi’s valuation to $1.4 billion, representing an increase from the $1 billion valuation the company achieved in March 2022 with a $95…
