SEA

The MOU seeks to formalize each national FinTech association’s involvement in the formation of the ASEAN FinTech Movement, with the goal of raising the region’s profile as a FinTech powerhouse, as well as providing a common networking platform for the region’s FinTech players to tap onto.

In the interview, Bhanu also elaborates on its plans after raising funds and the firm’s ambition in the longer term. He, however, declined to comment on the company's financials and fundraising plans.

Together with the all-star advisory team, TechNode Global spent close to two weeks evaluating every nomination and determining the finalists.

Capital A’s digital businesses, airasia super app achieved 9.5 million average Monthly Active Users (MAU) in the third quarter of 2022, up 161 percent compared to the same period last year.

Southeast Asia’s digital economy is on track to hit $200 billion gross merchandise value (GMV) in 2022, three years earlier than was anticipated in the inaugural report shared in 2016, said Google, Temasek and Bain & Company in its released seventh edition of the e-Conomy SEA report.

More than 1.5 billion people across 180+ countries use WhatsApp to stay in touch with friends and family, anytime and anywhere, Whatsapp said on its Linkedin Page.

One of the world’s largest global university start-up competitions, the Lee Kuan Yew Global Business Plan Competition has now opened its call for applications.

Asean saw a total of 96 IPOs raising $3.8 billion, up 4 percent in deal numbers and a decline of 57 percent in proceeds YOY. The notable decline in proceeds was due to a lack of mega IPOs (IPOs with proceeds equal to or greater than $1 billion) in YTD 2022.

The Southeast Asian economy is forecasted to grow by 4 percent to 5 percent annually over the next 10 years, with Vietnam leading the charge at a projected growth of 5 percent to 7 percent, according to a joint report by Bain & Company and Monk’s Hill Ventures’ Angsana Council.

Mastercard and Grab, the Singapore-based super app, announced Tuesday the “Small Business, Big Dreams” regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines, and Vietnam.