Malaysia
Malaysia’s MYEG launches global NFT marketplace known as NFT Pangolin
MY E.G. Services Berhad (MYEG) announced Thursday the company’s official entry into the non-fungible token (NFT) space with the launch of NFT Pangolin. The global NFT marketplace supports the issuance and trading of NFTs and is set to operate on the soon-to-be-launched Zetrix Layer 1 blockchain network which serves as a parallel chain to the International…
Carsome appoints Digbijoy Shukla as Head of M&A, Ecosystem Strategy
Carsome Group (Carsome) has appointed Digbijoy Shukla as its Head of Merger and Acquisition and Ecosystem Strategy. In this new role, Shukla’s key responsibility is to develop an end-to-end ecosystem strategy for Carsome to ensure a seamless experience throughout the automotive ownership journey. It includes staying close to the automotive ecosystem in…
Malaysia’s Vase.ai raises seed funding led by Indelible Ventures
Vase Technologies Sdn Bhd (Vase.ai) has raised a seven-figure ringgit investment to kick-start its 2022 expansion. This new round of funding was led by Indelible Ventures, along with their existing investors. The investment from Indelible Ventures will be poured into aggressive geographical expansion and enhancing the artificial intelligence (AI) technology…
Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund
“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.
Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion
Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…
Capital A e-wallet unit BigPay launches first fully digital personal loan product
BigPay announced Thursday the launch of its fully digital loans as part of the wider suite of financial services offerings. This makes BigPay the first product to have a full digital personal lending product as part of its offering in Malaysia.
ScaleUp Malaysia announces investments in 11 emerging startups
Growth stage accelerator ScaleUp Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The companies selected by Quest Ventures for co-investment were GuruInnovtif, Open Academy, MadCash, SpareXHub, VireServe, and WaSushi. Indelible…
Binance & Cuscapi Bhd take strategic stakes in Malaysia FinTech firm MX Global
MX Global Sdn. Bhd announced Tuesday an equity investment into the company from Binance. It also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad. These new capital injections will allow MX Global, a licensed fintech company, to build brand awareness, hire more high-quality talent and develop…
Malaysia needs “big innovation purpose” to stay ahead, says its government agency MRANTI
An ambitious purpose on innovation, a synergised ecosystem and a ‘bridge’ between research and commercialisation - these are among the elements needed for Malaysia to pull ahead in the region and achieve its ambition to be among the top 20 most innovative nations by 2030 in the Global Innovation Index, said Malaysian Research Accelerator for Technology and…
Fave launches Southeast Asia tech hub in Kuala Lumpur, Malaysia
Fave has launched tech hub in Kuala Lumpur, Malaysia. As a part of Fave’s efforts in evolving the fintech landscape, the new tech hub will serve as a platform to groom top class engineering talents and drive digital innovation in Southeast Asia.
