SEA
Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing
CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…
FinTech investments in ASEAN soars to $4.3B in the first nine months of 2022, says report
FinTech investments in ASEAN clocked in at $4.3 billion in the first nine months of 2022 — higher than the combined sum from 2018 to 2020, said a report Friday. According to the report released by professional services firm PwC Singapore, the Singapore Fintech Association (SFA) and Singapore Economic Development Board (EDB), with emerging economies, an…
Home loans and online loans are the most popular in SEA, says Robocash
Home loans and online loans are the most popular in Southeast Asia, Robocash Group said on Thursday. Based on search requests related to lending, housing loans make up 46 percent of all queries over the past 12 months. The second place by popularity is taken by online loans (30 percent).
Total funding into SEA tech startups falls 71 percent year on year to $2.3B in first half, says Tracxn
Total funding into Southeast Asia (SEA) tech startups fell 71 percent to $2.3 billion in the first half of 2023, from $8 billion a year ago, said Tracxn Technologies Ltd on Thursday. The total funding in the first half is also 45 percent lower than $4.3 billion raised in the second half of 2022.
Malaysia’s Teleport unveils first A321 freighter
Teleport, the logistics venture seeded by Malaysia-listed firm Capital A Berhad, has officially inducted its first Airbus A321 Freighter (A321F) aircraft into its air logistics fleet, which is set to strengthen its position as the market leader in terms of most air cargo volume by tonnage across Southeast Asia, as certified by the World ACD.
Temasek’s VC arm Vertex raises $900M in first round of new fund, plans to close in “coming months”, says CEO
Vertex Master Fund III was set up by Vertex Holdings to provide Japanese investors diversified exposure to key innovation hubs globally by investing into its Vertex family of funds
Urban solutions & sustainability dominate the 11th Lee Kuan Yew Global Business Plan competition revolutionary finalists
With the theme 'Innovations Beyond Boundaries - Reimagining a Smart, Sustainable & Resilient Future’, one of Asia’s largest university-led startup challenge empowers young founders to solve urgent global challenges through deep-tech solutions.
Khazanah-backed insurtech firm PolicyStreet aims to serve underserved & underinsured communities including gig workers [Q&A]
TechNode Global recently spoke to its Co-Founder and Chief Executive Officer Yen Ming Lee to learn more about the company’s plans after its latest funding round, what are the opportunities and challenges the company sees in the insurance industry.
Sequoia Capital’s China unit sets up office in Singapore – report
HongShan told the FT it had a “strong foundation of trust” with PeakXV and there would be opportunities for both teams to collaborate.
