On location
Singapore’s bolttech acquires majority shareholding in Indonesian broker Axle Asia
Bolttech, the Singapore-based international insurtech, announced Thursday it has completed the acquisition of a majority shareholding in PT Axle Asia, an established insurance broker in Indonesia.
MAS launches ESG Impact Hub to spur growth of ESG ecosystem
The Monetary Authority of Singapore (MAS) on Wednesday launched the environmental, social, and governance (ESG) Impact Hub (the Hub) to spur co-location and collaboration between ESG FinTech start-ups and solution providers, financial institutions and real economy stakeholders.
Cool Cats secures strategic investment from Animoca Brands
Cool Cats Group LLC, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, announced Wednesday that it has received a strategic investment from Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse.
Malaysia’s Carsome banks on digital banking to complement existing car business
In the interview, Kee also shared the opportunities Carsome sees in building a digital bank in Malaysia and the competitive edge it has against others. He, however, declined to comment on the launching timeline of the digital bank.
AC Ventures partners BCG to promote Indonesia’s tech sector ESG standards
Indonesia-focused, early-stage venture capital firm AC Ventures (ACV) announced Wednesday that it has published Indonesia’s impact report to date on the local digital economy. In the report titled “Scaling Impact With Technology,” ACV analyzed its own operations, as well as those of its portfolio companies, to offer a numerical baseline for environmental,…
Singapore’s Bizbaz closes $4M seed funding led by HSBC Asset Management
Bizbaz, the next generation customer intelligence and risk assessment company headquartered in Singapore, announced Wednesday that it has closed its $4 million seed funding round led by HSBC Asset Management (HSBC AM).
Singapore’s Carro launches assurance certification for used cars
Singapore-based used car marketplace Carro, has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including Singapore, Indonesia, Malaysia, Thailand and Taiwan.
South Korea’s Naver acquires US-listed social e-commerce marketplace Poshmark for $1.2B
South Korea’s largest internet company Naver Corp has inked a deal to acquire Poshmark, Inc., a United States-listed social e-commerce marketplace for new and secondhand style, for approximately $1.2 billion.
Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally
Aiello Inc.(Aiello), a Taiwan-based natural language processing (NLP) and voice artificial intelligence (AI) startup, announced Tuesday it has raised $5.8 million in a Series Pre-A+ funding round led by two major institutional investors, JAFCO Asia and Wistron Corporation.
US’s Anchorage Digital expands in Asia with five new institutional partners
United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.
