Thailand
Thailand’s WHA Group invests in Thai logistics startup Giztix’s $7.75M Series B funding round
WHA Group has joined Bualuang Ventures to become the main investor in the Series B funding round of GIZTIX, a Thai startup that provides a digital platform for e-Logistics, with total funding of more than $7.75 million. GIZTIX plans to use the funds to develop services and technologies in transportation and to expand the service areas while reducing…
Singapore’s Doctor Anywhere acquires Thailand’s largest telemedicine platform Doctor Raksa
The acquisition will also support Doctor Anywhere’s growth trajectory and enhance the group’s regional strategy of enabling borderless healthcare.
Thailand NFT platform GuildFi raises $6M seed financing from DeFiance, Capital and Hashed to create an interoperable Metaverse
GuildFi is developing a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players' benefits and enable interoperability across the metaverse.
Mastercard partners with Asian digital currency firms to launch first Crypto-linked payment cards in Asia Pacific
Mastercard has partnered with three Asia Pacific (APAC) cryptocurrency service providers Amber Group (Hong Kong), Bitkub (Thailand) and CoinJar (Australia) to launch crypto-funded Mastercard payment cards. Consumers and businesses in the APAC region will be able to apply for crypto-linked Mastercard credit, debit or pre-paid cards that will enable them to…
MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion
The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring countries.
Siam Commercial Bank buys 51% stake in digital asset exchange Bitkub for $540M
Under the deal, SCB’s affiliate SCB Securities Co., Ltd. (SCBS) will become Bitkub’s major shareholder and will be responsible for driving and engaging closely with the company as a business partner in building a business and digital asset ecosystem whereby digital asset exchange will become one of the nation’s key infrastructure segments to achieve further…
Omise targets to triple transactional processing volume in Malaysia as it launches operations in the country
Businesses operating online in Malaysia now have access to the full strength of Omise’s modern payment gateway to accept payments securely, manage transactions, send payouts, and expand operations regionally to capture more sales and grow revenue. Meanwhile, businesses using Omise in Thailand, Japan, and Singapore can seamlessly expand their business and…
Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn
The funds will be used to grow the user base of its e-wallet application - TrueMoney Wallet - and to expand digital financial services, including digital lending, digital investment, and cross-border remittances across Southeast Asia.
Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures
SCB Abacus will use the fresh funds to strengthen its digital infrastructures, drive product adoption and recruit additional talent.
Thailand hobby-focused commerce startup Mercular extends Series A fundraise, ropes in Thai retail conglomerate Central Retail
The funding will be deployed to create an all-encompassing community-like shopping experience for the hobbyists.
