SEA
Malaysia & Cambodia launch cross-border QR payments connectivity
Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.
Malaysia’s MYEG partners freight forwarders to promote ZTrade adoption for cross-border trades
Both MYEG and FMFF agreed to work together on several initiatives related to the positioning of ZTrade as the NSW for domestic trade as well as cross-border trade to and from Malaysia.
YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report
With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking control of Indonesia's biggest e-commerce platform Tokopedia.
US-based Checkmate secures $1.6M seed funding to expand new markets including Southeast Asia
Checkmate, a provider of comprehensive pre-employment screening solutions that based in the United States, has secured $1.6 million of seed funding to expand new markets including Southeast Asia.
Software unicorn OutSystems sees “immense potential” in SE Asia as it taps opportunities for AI-powered low-code technology [Q&A]
OutSystems was last publicly valued at $9.5 billion after raising a $150 million Series E in February 2021, but Forbes reported that the valuation halved to $4.3 billion after its last fundraising round in October 2022.
Carsome’s 2Q revenue hits “above $310M”, announces $46.2M new financing partnerships
In the second quarter of 2024 (2Q2024), Carsome said it maintained its leadership position with about 35,000 vehicles traded and grew revenue by 9 percent quarter-on-quarter (q-o-q) to above $310 million.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
Malaysia’s MYEG partners GACC-owned East Logistics to set up National Single Window Trade Platform for ASEAN countries
MYEG announced on Friday an exclusive collaboration with East Logistics Link Co., Ltd., a wholly-owned agency of the General Administration of Customs of the People’s Republic of China (GACC), to develop and operate a National Single Window (NSW) platform for ASEAN countries, including Malaysia.
Tracxn : HealthTech, EdTech, and blockchain lead the pack with 5-year funding contributions in Southeast Asia
HealthTech, EdTech, and blockchain has led the pack with 5-year funding contributions in Southeast Asia (SEA), Tracxn said Wednesday.
EY: SEA’s InsurTech deal value jumps more than four times to $2.35B in 2023
Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, SEA’s InsurTech sector saw a surge in deal value in 2023 – a development not seen since 2020, Ernst & Young Global (EY) said in its recent report.
