SEA

BigPay announced Thursday the launch of its fully digital loans as part of the wider suite of financial services offerings. This makes BigPay the first product to have a full digital personal lending product as part of its offering in Malaysia.

Funding Societies has launched Elevate, a virtual card solution for micro, small and medium enterprises (MSMEs) in Singapore. The card is available on a credit line on the FinTech platform’s website and mobile app, and entitles qualified MSMEs to interest free credit for a period of up to 55 days.

France was one of the most significant new markets for Sea, which has been embarking on an aggressive international push last year to drive growth beyond Southeast Asia.

In the interview, Knoben also shared what are the challenges faced by startups or innovators in this post-pandemic environment and Intrepid’s strategies to address these challenges.

Growth stage accelerator ScaleUp Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The companies selected by Quest Ventures for co-investment were GuruInnovtif, Open Academy, MadCash, SpareXHub, VireServe, and WaSushi. Indelible…

PropertyGuru Group said Monday its total revenue increased by 22.7 percentto S$100.7 million ($74.36 million) from S$82.1 million ($60.63 million), reflecting rising confidence in the property market .This is also 3.3 percent better than the group’s 2021 forecast of S$97.5 million ($72 million).

Society Pass Incorporated (SoPa) has acquired Dream Space Trading Company Limited, the operator of Handycart. The newly acquired company will be integrated into SoPa's food and beverage delivery vertical with SoPa's existing merchant software platform #HOTTAB,

A growing population of more than 600 million with a combined GDP of more than $3 trillion and a rapid growth of the middle class are expected to fuel strong demand in healthcare coverage in Southeast Asia.

Fave has launched tech hub in Kuala Lumpur, Malaysia. As a part of Fave’s efforts in evolving the fintech landscape, the new tech hub will serve as a platform to groom top class engineering talents and drive digital innovation in Southeast Asia.

It was reported that Alibaba had hoped to secure at least $1 billion but backed off after failing to secure its envisioned valuation.