Asia

Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.

Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.

Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.

Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.

Ant International, a Singapore-based global digital payment firm, announced last Thursday a strategic investment in R2, an embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for small and medium-sized enterprises (SMEs) across the region.

The competition, one of the projects under the Korea - ASEAN Digital Innovation Flagship Project (KADIF), funded by the ASEAN-Korea Cooperation Fund through the Government of Korea, seeks to advance the growth of the regional AI startup ecosystem and contribute to the achievement of the United Nations Sustainable Development Goals (SDGs).

COLABS, a Pakistan’s venture-backed workspace and entrepreneurial community platform, has announced its entry into Saudi Arabia with its flagship site in Riyadh, a major step that underscores the growing business and investment ties between the two countries.

MoneyHero Limited, a Singapore and Hong Kong-based personal finance aggregation and comparison platform, announced Monday project Odyssey, a group-wide artificial intelligence (AI) initiative intended to accelerate revenue growth and expand operating margins through intelligent automation and conversational product experiences.

Openmarkets Group (OMG), an Australian fintech company specializing in trading and wealth management technology and infrastructure, announced Monday it is exploring a $50 million capital raise initiative aimed at accelerating its decentralized finance (DeFi) strategy and expanding its footprint across Singapore, the United States, Hong Kong and other key…

Fasset, a Dubai-based fintech platform, has appointed Mehtap Onder as Managing Director as the company accelerates its growth across Asia and Africa following its digital banking license approval earlier this month.