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Capital A’s airasia MOVE quarterly revenue up 68 percent on year to $36.59 million
Airasia MOVE, the travel, lifestyle and financial digital platform of Malaysia-based Capital A, has posted quarterly revenue of MYR 171 million ($36.59 million), up 68 percent year on year.
DBS provides KWAP green loan to expand sustainability footprint in Australia
Development Bank of Singapore (DBS) has provided an AUD 207 million ($137 million) green loan to Malaysia's largest pension fund Retirement Fund (Incorporated) (KWAP) to refinance a Grade A green office tower in Australia.
India and Southeast Asia’s climate tech sector projected to hit $350B by 2030: Report
The market size for climate tech in India and Southeast Asia (SEA) in 2023 is $102 billion and is expected to grow to $350 billion by 2030, at compound annual growth rate (CAGR) of about 20 percent, according to a report revealed on Wednesday.
Australia’s Happenco closes $12M fund, backing earliest stages founders
Australian venture investment and advisory firm Happenco has on Thursday announced the close of its first fund, raising $12m to empower earliest-stage startups to build bold companies. The fund is led by Ben Cheyne, (ex. Deloitte Ventures), Gideon Gut-Silverman (ex. McKinsey, Google), and Omar Varts (ex. Deus Ex Machina), who bring a breadth of knowledge…
Leading the Asia Pacific fintech revolution with low-code
As the #fintech space in #APAC grows saturated and user choices widen, customer loyalty and trust are paramount. This means that organizations need to get creative with their product strategies and find the most efficient ways to enhance every touchpoint on the consumer journey. High-performance low-code is the gas pedal that enables companies to do so…
Japan is finally pivoting from paper ledgers to fintech
The #Japan #fintech market is also entering a turning point, from closed to open, from homogenous to diversified. And while this market is still in the early stages with both founders and consumers still figuring out how this change will subvert decades-old habits, the biggest opportunities are often born out of the initial chaos. The first to snatch the…
Grab-backed GXBank officially open to Malaysians
Grab-backed digital bank GX Bank Berhad (GXBank) has officially opened its app to millions of Malaysians. Looking ahead, GXBank will progressively be rolling out additional features which will also include their debit card – GX card and how its various features will benefit Malaysians, GXBank said in a statement on Thursday.
Singapore’s Fr8Labs secures $1.5M seed funding for market expansion
Fr8Labs, a Singapore and Indonesia-based artificial intelligence (AI)-enabled freight logistics technology startup, has announced the successful completion of its seed funding round, raising $1.5 million. The funding is coming from East Ventures, FEBE Ventures, Kaya Founders, Mulia Sky Capital, Seedstars, Venturra, and various angel investors.
Singapore’s Mystifly joins forces with Google Cloud to elevate traveller experience
Mystifly, a Singapore-based travel technology provider, has on Wednesday announced that it is joining forces with Google Cloud to drive growth and innovation in the travel technology sector. The collaboration will enable both the organizations to tackle emerging industry challenges in airline distribution and infrastructure.
