SEA
Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report
The US-listed tech firm has prepared plans to acquire an insurance company in Indonesia, Financial Times reported on Wednesday, quoting two people close to the discussions.
The K-Startup Grand Challenge 2022 opens its doors to Southeast Asia, Australia & New Zealand
Applications opened on Apr 15, 2022 and will close on May 31, 2022 for startups keen on the opportunity to work and build a strong foundation in South Korea.
Singapore’s Funding Societies steps into Vietnam in fifth market expansion
Funding Societies, a Singapore-based small and medium-sized enterprise (SME) digital financing platform, has officially launched in Vietnam on Tuesday, marking its fifth market expansion .Addressing the SME financing gap in Vietnam, where the SME landscape is growing yet financially underserved, is a natural next step for the fintech company as it pushes…
Grab said to be eyeing stake in Malaysia’s sixth largest banking group AmBank – report
When contacted about the potential acquisition, Grab's communications team said the company "will not comment on rumors and speculation".
Malaysia has no plans for more digital banking licenses – report
In deciding to award five licenses, Nor Shamsiah said the central bank considered many factors, such as the size of the country’s banking system relative to the economy. “This isn't a case of ‘the more the merrier!’” she added.
Funding Societies co-invests with Carro in Indonesia’s Bank Index
Funding Societies (also known as Modalku in Indonesia), a Singapore-based small and medium enterprises (SME) digital financing platform, on Tuesday officially announced its investment into Bank Index (PT. Bank Index Selindo), an Indonesian national Bank, alongside Carro, a Southeast Asian automotive marketplace platform.
Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products
Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.
