Malaysia

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

On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the demo day.

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. Iits long-time client Petronas, via its corporate venture capital arm Petronas Ventures, has led the funding round.

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.

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) that solidifies its mission to create Malaysia’s most holistic FinTech solutions ecosystem to fast-track Malaysia’s digital transformation.

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 its payments infrastructure.

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 fundraising round led by 500 Global. The round also saw participation from existing investors Vertex Ventures Southeast Asia & India, OSK and others.

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 study found that nearly two out of three (63 percent) of Islamic finance professionals predict the level of adoption of crypto and digital assets in Islamic finance will increase over the next…

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

In addition to providing financing, UOB Malaysia will also be collaborating with the Malaysian Research Accelerator for Technology and Innovation (MRANTI) to establish an ESG workshop series to equip SMEs with knowledge and practical insights to embark on their ESG journeys.

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 Malaysia Berhad (Allianz Malaysia) as a Limited Partner (LP).

Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures

Singapore-based agri-biotech company Nutrition Technologies has on Monday completed an equity venture round of $20 million led by PTT Ventures. The round was supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital.