Malaysia

Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts

Malaysia-headquartered used car platform Carsome has announced a group-wide accelerated profitability plan to achieve its target of positive earnings before interest, taxes,…

Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs

BEYOND4, an intelligent multi-tier accelerator ecosystem based in Malaysia, aims to build more profitable startups with its accelerator programs, its top executive said. “We are…

Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas

Malaysia-based drone service provider Aerodyne Group announced Monday that it had raised $30 million as part of its latest bridging round. The firm said in a statement its…

Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund

Malaysia-based payments fintech firm Instapay Technologies Sdn Bhd, has raised $4.75 million Series A funding round, to fuel its growth in ASEAN and Middle East markets. Instapay…

Malaysia’s Revenue Monster clinches $6.6M funding from SEA Capital

Revenue Monster Group, a Malaysian financial technology company, has announced a successful private equity funding round and the signing of a memorandum of understanding (MoU)…

PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go

PPRO, the global provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on…

Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global

StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B…

Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com

New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. IslamicMarkets.com who…

UOB Malaysia partners SJPP to provide $219M in green financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP), a wholly-owned company of Minister of Finance Inc, to launch the U-Green Financing program,…

Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund

Pan-Asian venture capital (VC) firm Gobi Partners announced Tuesday the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz…