Asia

HeyMax, a loyalty and travel rewards platform based in Singapore, announced Wednesday that it has acquired krip, a Hong Kong-based fintech firm with integrated credit card benefits platform, to accelerate regional expansion.

A new study by ServiceNow has revealed a growing disconnect between enterprise ambition and execution when it comes to artificial intelligence (AI) in Asia Pacific (APAC).

Marking a milestone in efforts to mobilize capital through blended finance to empower women and underserved communities in emerging markets and developing economies, the International Finance Corporation (IFC), is investing in Impact Investment Exchange’s (IIX) Women’s Livelihood Bond™ 7 (WLB7), to fund high-impact women enterprises in South and Southeast…

Bridge Alliance, the alliance for premier mobile network operators in Asia-Pacific, Europe, the Middle East and Africa, and Aeris Communications, Inc., a global cellular internet of things (IoT) platforms and solutions firm, have extended partnership to offer the world’s first fully integrated cellular IoT security solution to APAC enterprises.

ResponsAbility will invest up to $15 million on behalf of its investors in August Energy, an energy-as-a-service (EaaS) infrastructure platform headquartered in Singapore with offices in Thailand, India, and the Philippines.

Amogy, a global provider of mature, scalable, and efficient ammonia-to-power solutions, announced Tuesday it has secured an additional $23 million in venture financing, successfully expanding the fundraise initially announced in January 2025.

DDC Enterprise Limited (DDC) announced Thursday that it has signed a non-binding memorandum of understanding (MoU) with Animoca Brands to develop and implement strategies that maximize yield for the Web3 firm’s Bitcoin assets while managing associated risks.

Pencil Finance, the student loan real-world-asset (RWA) protocol on EDU Chain that is co-incubated by Animoca Brands and HackQuest, announced Thursday the successful issuance of student loan capital raised entirely on-chain via the Pencil Finance platform.

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.

BDx Data Centers (BDx), a carrier-neutral data center platform based in China, has launched Southeast Asia’s first hybrid quantum artificial intelligence (AI) testbed in collaboration with Anyon Technologies, a Singapore-based large-scale quantum computing systems firm.