Asia

22 Asean – Korea finalists announced for AI Youth Festa 2025

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).

Gobi Partners–backed COLABS expands to Riyadh

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 launches project Odyssey to accelerate profitable AI-driven growth

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 explores capital raise options to accelerate DeFi expansion in Asia

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 appoints Mehtap Onder as Managing Director to accelerate institutional adoption of digital assets across Asia

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.

Bitget Wallet expands crypto payment offering to Asia-Pacific, including Malaysia

South Africa-based crypto firm Bitget Wallet has officially launched Bitget Wallet Card in selected Asia-Pacific markets including Malaysia, expanding its crypto payment offering to one of the world's most dynamic regions.

Alipay+ sees 45 percent year-on-year increase in mobile wallet transactions in Malaysia

Alipay+ said Thursday that Malaysia recorded the highest transaction growth in Southeast Asia with a 45 percent year-on-year increase, reflecting the country's status as the number one destination in the region and top five most popular global destinations for Alipay+ users; and the top growth market amongst Chinese travelers.

CFM’s Climate Investor two fund closes at $1.07B, becoming the largest climate adaptation infrastructure fund in emerging markets

Climate Fund Managers (CFM), a climate-focused blended finance investment manager, announced Monday the final close of its second blended finance facility, Climate Investor Two (CI2), at $1.07 billion.

Alibaba Cloud launches second data center in Dubai to accelerate AI-powered digitalization in Middle East

Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, has officially announced the launch of its second data center in Dubai.

Lazada renews partnerships with POP MART to accelerate collectible delivery in Southeast Asia

Alibaba Group's e-commerce arm Lazada has partnered with POP MART again to expedite collector’s journey, delivering a more seamless and enjoyable experience with faster access to sought-after IP collectibles.