Malaysia

Malaysia’s financial platform Payd raises $1.7M in seed funding led by IFS Capital

Malaysia-based financial wellbeing platform Payd announced on Tuesday that it has raised $1.7 million in a seed funding round to expand its Southeast Asian operations, fuelling…

Al Rajhi Bank Malaysia selects Singapore’s Moneythor as a strategic partner for personal finance management features

Al Rajhi Bank Malaysia (ARBM), a subsidiary of Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), said Monday it has selected Moneythor, a digital banking solution provider in…

Malaysia’s Petronas, Aerodyne to collaborate on deployment & commercialization of drone-based solutions

Malaysia state energy firm Petronas’ technology commercialization arm, Petronas Technology Ventures (PTVSB) has entered into a strategic collaboration with Aerodyne Oil and Gas, a…

Eric Cheng, CEO of Carsome Group

Malaysia’s Carsome to list on NASDAQ at $2B valuation – report

Southeast Asian used car marketplace Carsome is said to be raising $300-400 million at a valuation of about $2 billion for its upcoming IPO on NASDAQ, DealStreetAsia reported on…

Sunway iLabs, Carsome to launch Malaysia’s first auto ecosystem accelerator

Sunway Innovation Labs (iLabs), the innovation arm of Malaysia conglomerate Sunway Group announced on Friday a joint partnership with Carsome, Southeast Asia’s largest integrated…

EY: Global IPO market sees significant slowdown in Q1; Malaysia’s exchanges lead by proceeds in Asean

After record-high levels of global IPO activity in 2021, volatile market conditions have resulted in a significant slowdown during the first quarter of 2022, according to EY, an…

Malaysia marketing tech firm Involve Asia expands to Vietnam

Malaysia-based marketing technology (MarTech) platform Involve Asia has expanded to Vietnam, marking its growing footprint in the region. The company said it has generated over…

Singapore’s eSports firm ESPL partners Philippine’s Yield Guild Games for crypto NFT gaming

Esports Players League (ESPL), a Singapore-based eSports associate of Malaysia-based tech firm Sedania Innovator Berhad (Sedania), on Wednesday announced a partnership with Yield…

Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet

Malaysia-based MY E.G. Services Bhd’s (MYEG) Zetrix blockchain has completed the foundational development for its Layer-1 blockchain functionalities and it will launch its mainnet…

Applications now open in Malaysia for 5th cohort of EY startup incubator program

Early-stage tech startups in Malaysia are invited to apply to the EY Foundry startup incubator program to accelerate business growth through piloting and scaling activities with…