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American Express expands Singapore Decision Science Center of Excellence

American Express has on Thursday announced it is deepening its investment in artificial intelligence (AI) with the expansion of the Singapore Decision Science Center of Excellence (CoE). The CoE will now extend beyond credit decisioning and fraud prevention use cases to focus on data science applications in the areas of marketing and servicing model…

Airwallex sees strong growth momentum in Singapore, reports 13 times of revenue growth

Global payment firm Airwallex has seen strong growth momentum in Singapore as businesses recovered from the pandemic and the world reopened. In the first half of 2023, Airwallex Singapore saw 13 times of growth (1,213 percent) in year-on-year revenue and more than 11 times of growth (1,015 percent) in total transaction volume.

Wise Platform partners Agoda to provide payment options for travellers

Wise Platform, Wise’s infrastructure solution for banks and major enterprises, has joined forces with Agoda, a digital travel platform, to provide faster and more convenient payment options for travellers worldwide.

Singapore’s BondbloX raises $6M in Series B funding round

Singapore-based Fintech BondEvalue Pte. Ltd. (BondbloX) has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a $6 million Series B round.

Vietnam’s GSM launches electric taxi service in Laos

Green and Smart Mobility JSC. (GSM), a ride-hailing firm founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has launched its pure electric taxi service in Vientiane, Laos, to promote green mobility in Southeast Asia.

MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development

Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s largest multi-scenario autonomous vehicle (AV) experimental laboratory known as AV XL at MRANTI Park, Malaysia.

Singapore’s LXA raises $10M in seed funding round led by NEA

LXA, a Singapore-based fintech startup, has on Wednesday announced the completion of its $10 million seed funding round led by New Enterprise Associates, Inc. (NEA). The round also saw participation from Openspace Ventures and EDBI.

Analyst sees challenges for Malaysia to embrace electric vehicles

Malaysian analyst Affin Hwang Investment Bank has foreseen challenges for Malaysia to embrace electric vehicles (EV). The research house said in a report on Wednesday that the rollout of the EV infrastructure in Malaysia and for Malaysia to become a suitable EV investment destination are still facing several challenges.

Baby Shark creator The Pinkfong Company partners TinyTap to develop early learning, entertainment in digital space

The Pinkfong Company, a South-Korea based entertainment company behind “Baby Shark,” has partnered with TinyTap, a edtech platform for user-generated educational games of Hong Kong-based gaming firm Animoca Brands, to develop early learning, entertainment in digital space.

Dat Bike launches mass-market electric scooter to accelerate green mobility adoption in Vietnam

Dat Bike, Vietnam’s domestic electric two- wheeler manufacturer, has launched its first electric scooter to accelerate green mobility adoption in the country. The Quantum, featuring a contemporary design and engineered with breakthrough technology for high performance at a competitive price point, is Dat Bike’s flagship model made for mainstream……