On location

Singapore’s eSports firm ESPL partners Philippine’s Yield Guild Games for crypto NFT gaming

Sedania Innovator Berhad (Sedania)'s Singapore-based Esports Players League (ESPL) on Wednesday announced a partnership with Yield Guild Games Southeast Asia (YGG SEA) as part of its vision to amass gamers in the cryptocurrency, non-fungible token (NFT) gaming and metaverse sphere. The partnership aims to generate up to 300,000 gamers for ESPL and Sedania.

India’s PhableCare raises $25M in Series B funding led by Kalaari Capital

PhableCare, an India-based chronic disease management company, said Monday it has raised Series B funding of INR187 crores ($25 million) led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in the round.

NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health

EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced Tuesday that they have entered into a definitive business combination agreement that will result in EUDA Health Limited becoming a publicly listed company

FOMO Pay unveils first cryptocurrency payment solution for retailers in Singapore

Singapore-based FinTech firm FOMO Pay said Wednesday it has rolled out a new cryptocurrency (crypto) payment solution for retailers in Singapore, which allowed them to accept digital payment tokens (DPT). The new payment method targetted at retailers is the first such to be developed by a DPT licensee in Singapore.

Indonesian digital lender JULO secures $80M from Credit Saison

JULO, an Indonesia-based FinTech firm, said Wednesday it has secured $80 million funding from Credit Saison, a Japanese financial services company affiliated to Mizuho Financial Group. This funding includes a mix of $30 million equity and $50 million debt fully funded by Credit Saison.

Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet

Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications.

Singapore co-living firm Hmlet merges with European player Habyt

Hmlet,a Singapore-based flexible living company, said Tuesday it is merging with Habyt, a European co-living player, to create a global company catering to the fast-growing flexible living sector. The combined group will have a presence in 10 countries and 20 cities.

SoftBank leads US intelligent workforce platform Observe.AI $125M Series C funding

SoftBank Vision Fund 2 has led the $125 milllion Series C funding in Observe.AI, an United State-based intelligent workforce platform that transforms contact centers through artificial intelligence (AI). The round also saw the participation from Zoom Video Communications, Inc, Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures, NGP Capital,…

Funding Societies partners Dedoco to offer digital signing service

Funding Societies, Southeast Asia’s largest small and medium enterprise (SME) digital financing platform, announced Wednesday that it has partnered Dedoco, a Singapore-based decentralized digital document and workflow management platform, to become one of the first FinTech platforms to enable micro, small and medium enterprise (MSME) customers in Singapore…

Temasek-backed Zilingo is said to suspend CEO amid probe – report

The concerns center on the way that Zilingo accounted for transactions and revenue across a platform spanning thousands of small merchants, the report said.