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WeLab announced Monday the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong. WeLab said it had drawn wide-spread interest from existing and new investors who have already contributed $240 million for this transaction,…

Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to accelerate and incubate early crypto gaming startups that are building on BSC.

Xen Capital has raised $7.5 million in a Series A round led by Headline Asia (formerly known as Infinity Ventures) to scale its business to business to consumer (B2B2C) alternative investment platform.

Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.

Latin Leap and Enterprise Singapore (ESG) have launched the first market entry programme to help tech startups in Singapore to have greater access to business and partnership opportunities in Latin America. The Leap2LatAm programme aims to connect tech startups in Singapore with potential customers, multipliers, and joint venture partners in Latin America…

PeopleFund will utilize the funds to hire artificial intelligence (AI) engineers and acquire alternative data to further upgrade its credit-scoring algorithm while focusing on credit scoring technology with the acquisition of MyData license set for late this year.

Space BD has raised a total of 1.04 billion JPY ($9.2 million) through a third-party allotment of new shares to the existing shareholders Incubate Fund, Anniversaire Holdings, SMBC Venture Capital, Mizuho Capital, and the new shareholder Pavilion Capital, wholly owned by Temasek Holdings, a Singapore government-affiliated investment company.

Simpl, has raised a $40 million Series B round led by Valar Ventures and IA Ventures with participation from LFH Ventures and other internal investors. The investment brings the total capital raised by the company to $83 million.

Prenetics, which is expected to go public on the Nasdaq in the first quarter of next year, is also actively looking for local partners in Southeast Asia.

Tigerhall has raised $7 million funding led by Monk’s Hill Ventures.Other investors participating in the round include Vulpes Investment Management, XA Networkand Taurus Ventures. The funding will be used to expand its footprint into the United States and Asia Pacific (APAC) markets to continue expanding its enterprise client base.