Asia

Gogoro partners Sumitomo, Sumitomo Mitsui Finance and Leasing to accelerate global expansion

Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, said Tuesday it has partnered with Japanese integrated trading firm Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) to accelerate its global business expansion.

IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand

The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.

UAE marketplace WEE secures $10M funding from SIG INVESTMENT

WEE, a marketplace specializes in fast delivery services within Dubai, has announced a $10 million infusion (comprising equity and credit facilities) from SIG INVESTMENT.

Tikehau Capital and Flow Capital team up for investment opportunities in Asia and globally

Tikehau Capital, the global alternative asset management group, and Flow Capital, a private credit platform specializing in Asia-Pacific real estate debt investment, will join forces to capitalize on this burgeoning market both in Asia and Europe.

Alipay+ enables digital payment of 14 overseas e-wallets from nine countries and regions in Hong Kong

Users of 14 popular overseas e-wallets from nine countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, the firm said Friday.

Anichess raises $1.8M in funding round led by Sfermion and Amber Group

Anichess, Animoca Brands' chess-centered subsidiary, has on Thursday announced the completion of a funding round of $1.8 million. The round was led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, and others.

Majuperak partners Shizen International to explore solar development in Malaysia

Malaysian Perak state government-linked company (GLC) Majuperak Holdings Berhad has inked a memorandum of understanding (MoU) with Japanese renewable energy firm Shizen International Inc. for solar development initiative.

Australia’s Airwallex expands payment acceptance to the US

Airwallex, an Australia-based global payments and financial platform, has on Thursday announced the United States launch of its payment acceptance solution.

Indian tech startup Plane raises $4M seed funding from OSS Capital

Plane, an India-based open-source project management platform, has on Wednesday announced it has secured $4 million in a Seed round funding from OSS Capital. This investment will fuel the company’s community growth and compete in the coveted enterprise segment.