SEA
Singapore’s YouTrip raises $50M Series B funding to accelerate regional expansion
YouTrip, a Singapore-based multi-currency digital payments platform, has on Thursday announced it has raised $50 million in its latest Series B fundraising round, led by new investor and global venture capital firm Lightspeed. This brings YouTrip’s total funds raised to over $100 million since inception.
Malaysia’s Capital A prepares to raise more than $1B in debt, equity as it prepares New York SPAC listing – report
Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.
SoPa’s Thoughtful Media ventures into concert sponsoring in Indonesia
Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Tuesday announced that it will commence sponsoring local live music events in Southeast Asia (SEA), resulting in creating unique marketing opportunities for advertisers.
Southeast Asia leads in digital economy growth at 15.8 percent for the next five years: report
Southeast Asia (SEA) is racing ahead among the region in digital economy, according to the latest report conducted by market intelligence firm IDC and commissioned by global payments platform 2C2P and Ant Group. According to the report, SEA leads in digital economy growth at 15.8 percent for the next five years, outpacing the United States (9.4 percent) and…
Singapore’s Charge+ raises Series A funding to accelerate its expansion plans into Southeast Asia
Charge+, a Singapore-based electric vehicle (EV) charging operator, has secured an undisclosed Series A funding round led by TRIVE Venture Capital to accelerate the expansion of its EV charging infrastructure in Singapore and throughout Southeast Asia.
CIS 2023: accelerating growth while saving the world at Asia’s largest experiential technology & innovation conference
The theme of CIS 2023, "Accelerating Growth While Saving the World," highlights the importance of sustainable development for businesses, countries, and the region. It goes beyond simply applying technology and innovation to achieve exponential business growth, and instead focuses on developing businesses while concurrently fostering sustainability.
Peak XV’s Surge unveils ninth cohort
Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.
PayPal invests in Sweef Capital’s SWEEF and Quona Opportunity Fund
United States-listed payment firm PayPal Holdings, Inc. has on Thursday announced that it has invested in Sweef Capital's Southeast Asia Women's Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support their shared mission to advance women's inclusion in the global economic and financial system.
MoneyHero completes business combination with Bridgetown
CompareAsia Group Capital (MoneyHero), a financial products platform in Greater Southeast Asia, has completed its previously announced business combination with Bridgetown, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital Thiel Capital. The completion of the business combination values…
Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report
Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.
