Asia

Japan’s Samty launches $500M multifamily asset fund

Samty Holdings, a Japan-based accommodation developer and fund manager, announced Monday the final closing of its new multifamily asset fund totaling approximately $500 million, with $200 million already allocated to a first portfolio of newly built assets located in key residential hubs around Japan.

AnyMind to acquire Japan-based distributor Sun Smile

AnyMind Group, a business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced that it has agreed to acquire all shares of Sun Smile Inc, a Japan-based distributor and brand owner in the beauty and personal care sector.

Singapore’s Aspire secures licenses in Australia, Europe and the United States for global expansion

Aspire, the Singapore-headquartered fintech, announced Tuesday a series of regulatory milestones marking a major step in its global expansion.

Singapore’s January Capital announces $130+M final close on APAC’s first growth credit fund for sponsor-backed technology companies

January Capital, a Singapore-based multi-strategy investment firm, has announced the oversubscribed, final close of its Growth Credit Fund, securing total commitments of over $130 million.

Animoca Brands to partner with GROW, invest in GROW Digital Wealth

Animoca Brands, a Hong Kong-based digital assets firm, announced Tuesday that it has entered into a term sheet with GROW Investment Group (GROW), a China-based investment and asset management platform backed by Julius Baer.

Shizen Energy deepens collaboration with Google with new solar project in Malaysia

Shizen Energy Inc. announced Monday that the project company SM 01 Sdn. Bhd. has achieved financial close for the 29.99 megawatt (MW) solar power project under Malaysia’s Corporate Green Power Program (CGPP) and signed a power purchase agreement (PPA) with Google.

Ant International and HSBC test new cross-border payments solution using tokenized deposits on Swift’s network

Ant International, HSBC and Swift have on Wednesday completed a successful Proof of Concept (POC) for the cross-border transfer of tokenized deposits using ISO 20022 standards.

FPT and SCSK launch JV to address legacy system challenges

Vietnam-based information technology (IT) services provider FPT, through its subsidiary in Japan, and the Japanese tech firm SCSK Corporation (SCSK) have announced the establishment of a joint venture named COBOL PARK Co., Ltd. (COBOL PARK), to address legacy system challenges.

NayaPay launches global QR payments for Pakistanis via Alipay+

NayaPay, a Pakistan-based fintech platform, has launched global QR payments in collaboration with Alipay+, Ant International’s global wallet gateway.

Vingroup plans $3B investment for multi-sector ecosystem in India

Vingroup has announced the signing of a memorandum of understanding (MoU) with the government of Telangana for a proposed investment of $3 billion, to be implemented in a phased manner for developing a multi-sector ecosystem in the state.