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GoTo Group, TikTok, and University Gadjah Mada to collaborate to develop Indonesia’s digital talent

PT GoTo Gojek Tokopedia Tbk (GoTo), Indonesia’s largest digital ecosystem, and TikTok, the global entertainment platform, have partnered Gadjah Mada University (UGM) to develop Indonesia’s digital talent. The duo have signed a memorandum of understanding with UGM to partner in the establishment of the GoTo x TikTok x UGM Technology Center - a digital talent…

EY: over half of Malaysian employees feel generative AI will positively impact their work

More than half (63 percent) of employees in Malaysia anticipate that generative artificial intelligence (GenAI) will improve their way of working flexibly, exceeding the global average of 48 percent, EY said Friday.

Hong KongOneDegree secures funding from Dubai Insurance; launches partnership for digital asset insurance

OneDegree, a Hong Kong-based licensed insurer for digital assets, has partnered with Dubai Insurance Company to offer digital asset insurance in the United Arab Emirates (UAE). As part of the partnership, Dubai Insurance has also made a strategic investment in OneDegree’s Series B funding round.

GoTo receives validation from SBTi on its net-zero target

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Thursday announced that its near and long-term greenhouse gas emissions reduction targets across all the countries it is present in have been validated by the Science Based Targets initiative (SBTi).

India’s Aye Finance raises $37M in Series F funding led by British International Investment

Aye Finance, an India-based micro-enterprise lender, has entered into definitive agreements for INR 310 crores ($37 million) in Series F funding, led by United Kingdom's development finance institution and impact investor British International Investment (BII).

India’s PlasmaGen Biosciences completes $27M equity financing

PlasmaGen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, announced that it has raised 225 crores ($27 million) in equity financing. The funding was coming from United Kingdom based Artian Investments, prominent public market investor Ashish Kacholia, pharmaceutical…

Indonesia Fintech JULO adds insurance inclusion to financial inclusion with JULO Cares

JULO, an Indonesian peer-to-peer financial technology company, has launched JULO Cares on Friday, an insurance cover embedded within the core JULO digital credit solution. This benefit launched under the JULO Cares platform provides ongoing device protection to users when they avail of JULO’s digital credit.

Standard Chartered: $17B in retail investor capital could be mobilized to combat climate change in Malaysia

Standard Chartered’s latest Sustainable Banking Report2023 shows $17 billion of retail investor capital could be mobilized towards climate investments in Malaysia by 2030. Within climate investing in Malaysia, $9 billion could flow into mitigation themes – renewables, energy efficiency and storage are set to attract the most capital.

US venture capital firm In-Q-Tel establishes office in Singapore

United States venture capital firm In-Q-Tel, Inc. (IQT) has announced the opening of a new office in Singapore. This strategic expansion into Singapore reflects the region’s growing importance as a technology and venture capital hub.

Singapore’s Pave Bank launches with $5.2M funding round for programmable money

Singapore-based multi-asset and programmable bank Pave Bank has been launched with $5.2 million seed money. The seed funding round was led by 468 Capital with participation from Quona Capital, Financial Technology Partners, BR Capital, w3.fund, Daedalus and angel investors.