Malaysia

Southeast Asia’s top 50 rising women in tech 2021 [Updated]

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

Hong Kong’s Pickupp expands Malaysian footprint with first regional hub in Penang

The announcement follows its parent company, Pickupp Ltd’s recent $15 million Series A and Series A+ financing.

SGX-listed iFAST Corp to continue digital bank ambition in Malaysia [Q&A]

It will target B40 segment while eyeing low-cost deposits globally.

Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

Airwallex secures money services business license in Malaysia, now positioned for growth in Southeast Asia

From early next year, businesses in Malaysia can enjoy "fast, transparent and cost-effective" international payments in multiple currencies, empowering them to operate and grow globally.

Eric Cheng, CEO of Carsome Group

Malaysia’s Carsome raises $200M in financing round, valuation hits $1.3B

The Series D2 round saw participation from one of the largest sovereign wealth funds in the region and a pool of new international investors such as Catcha Group and MediaTek as well as strong participation from existing shareholders including Asia Partners, Gobi Partners, 500 Southeast Asia, Ondine Capital, MUFG Innovation Partners, Daiwa PI Partners, and…

Malaysia’s gig workers employment platform Troopers bags close to $1M in Series A round

The investment will be used for technology development, marketing, and working capital to further expand its business In Malaysia.

Malaysia’s Islamic crowdfunding platform Ethis Group raises $1.7M in pre-Series A round

This ‘Super Angel’ round included leaders and executives from Islamic finance and fund management across various jurisdictions.

ScaleUp Malaysia inks memorandum of cooperation with Technology Park Malaysia in strategic public-private partnership

The partnership between TPM and ScaleUp Malaysia will provide startups better access to government resources that include labs, infrastructure, and other facilities, as well as regulatory facilitation to advance innovation.

Petronas Future Tech 2.0 welcomes 20 Malaysian deep tech startups including drone tech firm Aerodyne

Petronas’ collaboration with TM and SDP aims to provide homegrown startups with opportunities to gain insights from industry experts that will help them discover, nurture and scale deep technology innovations in the country.