Asia

VinFast India partners HDFC Bank to offer EV financing solutions

VinFast Auto India, a subsidiary of global electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with HDFC Bank, an Indian private bank, to provide auto and inventory financing for its exclusive dealer network.

ELIVAAS raises $10M in Series B funding led by Vertex Ventures Southeast Asia & India

ELIVAAS, an India-based luxury vacation rental platform, has successfully raised INR 87 Crores ($10.4 million) in its Series B funding round, led by Vertex Ventures Southeast Asia & India.

Ant International partners Abu Dhabi Investment Office and receives IPA from Central Bank of the UAE to support local digitalization and fintech strategy

Ant International, a Singapore-based digital payment, digitization and financial technology provider, announced Monday two milestones that mark a significant step forward for its business expansion in the United Arab Emirates (UAE).

NTT DATA partners Finastra to expand lending cloud service for banking experience in APAC

NTT DATA, a Japan-based information technology (IT) infrastructure and services company, has partnered with global financial services software firm Finastra to expand lending cloud service for banking experience in Asia Pacific (APAC).

Animoca Brands and affiliates make strategic investment in Cool Cats

Animoca Brands and its affiliates announced last Friday the completion of its strategic investment in Cool Cats Group, owner of the iconic Cool Cats NFT brand.

Animoca Brands jointly establishes Anchorpoint with strategic partners to apply for a stablecoin issuer license in Hong Kong

Animoca Brands announced last Friday that it has established a joint venture, Anchorpoint Financial Limited in Hong Kong, together with Standard Chartered Bank (Hong Kong) Limited (SCBHK) and HKT, with the aim to build a business model focused on the issuance and advancement of licensed stablecoins.

Animoca Brands and ProvLabs to co-develop NUVA to accelerate access to tokenized real-world assets

Animoca Brands and Provenance Blockchain Labs (ProvLabs), announced Thursday they have formed a strategic partnership to co-develop NUVA, a vault marketplace that connects real-world asset (RWA) issuers with investors.

NTT DATA, Microsoft team up to accelerate AI-driven cloud transformation in APAC

NTT DATA, a Japan-based digital business and technology services firm, announced Friday the firm and Microsoft have combined forces to accelerate artificial intelligence (AI)-driven cloud transformation in Asia Pacific (APAC).

TransferMate receives In-Principle Approval from MAS to expand payment services in Singapore

TransferMate, a global embedded business to business (B2B) payments infrastructure as a service (IaaS) firm, announced Tuesday that its TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.

Gentari and AWS ink 80MW wind energy deal in India to accelerate net zero goals

Malaysian clean energy solutions provider Gentari and Amazon Web Services (AWS) have signed a power purchase agreement (PPA) for an 80MW wind power project in Tamil Nadu, India.