Asia

Alipay+ partners Hyundai Department Store to enhance payment benefits for global tourists to Korea

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, will embark on joint marketing withHyundai Department Store. The two parties are aiming to expand customer interaction and strengthen their global positions through holding a pop-up store at The Hyundai Seoul, now a globally established…

Gold Sino Assets to invest $50M into Gogoro

Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, has announced an agreement for $50 million investment from Gold Sino Assets Limited (Gold Sino) to continue its leadership in urban battery swapping ecosystems and smart mobility innovation to accelerate the shift to sustainable urban transportation.

BEYOND WEEK 2024 | ORIGIN: Asia Tech Conference – Unleashing Potential, Reimagine Future

ORIGIN: Asia Tech Conference was held in Macao this year as part of the BEYOND Week partner event. This year’s theme is ‘Unleashing Potential, Reimagine Future’.

Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China

Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.

India’s Infra.Market secures additional $50M in financing from Mars Unicorn Fund

Infra.Market, an India-based tech construction material solutions company, has secured an additional $50 million in financing from MARS Unicorn Fund, a joint venture from Israel-based asset manager Liquidity Group and Japan-based financial group MUFG.

ADB doubles climate financing as transactions hit new high

The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.

India’s Turno secures $6M in Series-A extension funding round co-led by British International Investment, Quona Capital

Turno, an India-based electric vehicle (EV) distribution and financing company, has raised $6 million as an extension to its Series-A funding. The round was co- led by British International Investment (BII), the United Kingdom’s development finance institution and impact investor, Quona Capital, Stellaris Venture Partners and B Capital.

Singapore fintech firm Aspire enters Hong Kong, positioned for further growth across Asia

Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.

MyAnimeList, Animoca Brands Japan, San FranTokyo to be launch partners of Anime Foundation

Animoca Brands, Animoca Brands Japan, San FranTokyo, and MyAnimeList announced Tuesday that they are launch partners of Anime Foundation, a community-owned cultural protocol for anime and manga spanning both Web2 and Web3.

South Korea’s CHEQUER closes strategic investment at $27.82M

CHEQUER Inc., the South Korea-based innovative developer behind the cloud security solution 'QueryPie', has on Monday announced the successful closure of its strategic investment round, joining Shinhan Venture Investment, raising a total of $27.82 million.