SEA

The Southeast Asia (SEA) Monthly Funding Tracker for December 2024 highlights some recovery in funding activity. Total funding amounted to $211 million across 16 rounds, marking a surge of 143.37 percent compared to November 2024 and a 44.33 percent decline from December 2023.

"We see a lot of progress made in Southeast Asia on fintech developments like QR payments and inclusive finance, where the region is already seen as a leader in broad digitalization, including in areas like national standardized QR codes and G2G linkages. We will continue to work closely with our payment and merchant partners in the region to meet these new…

As CEO, Patrick will focus on driving GoTo towards long term profitable growth and GoTo’s Board of Commissioners has approved a performance-based retention package as part of his employment arrangement.

Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country.

Kairous Capital remains committed to bridging China and Southeast Asia, helping companies unlock cross-border growth opportunities. With digital-first solutions and AI-driven technologies shaping next-gen consumer experiences, we are particularly keen on companies that innovate in user journey design to meet these evolving expectations. Incumbent SME…

"2024 was a landmark year for CARSOME with our focus on sustainable growth, profitability, and innovation bearing fruit. We delivered three consecutive profitable quarters this year and are well on the road to a full year of profitability," said Carsome Co-Founder and CEO Eric Cheng.

As we usher into 2025, hoping for a better year, here are Southeast Asia’s top 10 tech news in 2024.

"CVC: Navigating Innovation and Strategic Partnership in The Digital Era" was a panel that featured Raymond Hor of Sunway ILabs Venture; Josie Lai of Genting Ventures; Jie He from Global Brain and David Goh from Hyundai Cradle and was moderated by Hao Tran from Vietcetera Media. The panelists shared their expertise on how CVCs are fostering innovations and…

Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and OCBC, the Singapore-based financial services group, have jointly announced the comprehensive partnership for global multi-currency accounts.