Asia

FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).

Japan’s Lifull acquires Thailand brokerage services company FazWaz

Japan-based marketplace operator Lifull Co., Ltd has announced the acquisition of Thailand-based brokerage services company FazWaz, to expand its real estate businesses in Thailand and Southeast Asia and acquiring technology.

DBS to apply for crypto licence in Hong Kong – report

When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.

Australia’s Loam Bio raises $73M in Series B funding co-led by Lowercarbon Capital and Wollemi Capital

Aussie carbon farming startup Loam Bio has raised AUD 105 million ($73 million) Series B funding round co-led by Lowercarbon Capital and Wollemi Capital.

Arta TechFin partners OSL to create an end-to-end virtual asset financial service ecosystem

Arta TechFin (ARTA), a hybrid fintech platform in both traditional assets and virtual assets, and OSL, the digital asset business division of BC Technology Group, have on Wednesday entered into a strategic partnership to create an end-to-end VA financial service ecosystem.

Australia’s SwarmFarm Robotics raises $8.3M Series A funding led by Emmertech

Australia-based agritech startup SwarmFarm Robotics has on Wednesday announced it has raised a AUD 12 million ($8.3 million USD) Series A funding led by Emmertech, an AgTech fund from Conexus Venture Capital based in Canada.

PPRO extends global cross-border payments infrastructure into South Korea

United Kingdom-based FinTech firm PPRO has extended its infrastructure to the South Korean market through integrating South Korean local cards and Toss Pay, one of the most popular e-wallets in South Korea onto its platform.

Animoca Brands Japan invests in Virtual Arts

Animoca Brands Japan, a strategic subsidiary of Animoca Brands Corporation Limited (Animoca Brands), has on Thursday announced that it has invested in Virtual Arts, Inc to support Virtual Arts' expansion in Japan and to provide content for DanceFight, a dance battle app published by Virtual Arts for the street dance community globally, with bracket-style…

India’s PhonePe raises $100M additional funding at $12 billion valuation

PhonePe, one of India’s largest fintech platforms, has on Tuesday announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion.

Cyberport community members Animoca Brands, Hepha, and EW Metaverse bring virtual Hong Kong to New York Fashion Week

World-renowned Hong Kong designer Vivienne Tam, with the support of Cyberport and the Hong Kong Economic and Trade Office in New York, collaborated with Animoca Brands and Hepha to bring the streets of Hong Kong to her New York Fashion Week runway show on February 12 (New York time).