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India’s Growfin raises $7.5M Series A funding led by SWC Global

Indian fintech startup Growfin has on Tuesday announced a $7.5 million Series A funding round to provide real-time visibility and predictability in cash flow for modern Chief Financial Officers (CFOs).

selective photo of a cars character toy

AI and machine learning for social good: Inspiring initiatives in Asia and beyond

AI and machine learning are being used in innovative ways to address social challenges and improve people's lives. From healthcare and disaster response to environmental sustainability and financial inclusion, these technologies have the potential to create real and lasting impact.

Grab retires $600M in 2026 debt with extra cash – report

The Singapore-based ride-hailing and delivery company completed the transaction last week, bringing its debt under an outstanding term loan to $517 million, down from the previous balance of $1.117 billion. Grab also has about $200 million in other bank debt.

Singapore’s Endowus launches community impact initiative

Endowus, a Singapore-based digital wealth platform, has launched a community impact initiative, Endowus Empower. This initiative aims to provide underrepresented, underserved, and underprivileged groups with the right tools, advice, opportunities, and community support to reach their wealth and life goals.

Indonesia to provide incentives to boost EV sales, attract investment – report

Indonesia is always keen to develop domestic EV production facilities to take advantage of its rich nickel reserves, an important material to produce EV batteries.

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Creating a more equitable financial system with inclusive fintech

Inclusive fintech has the potential to revolutionize the financial industry and create a more equitable and just financial system for all. By using technology to provide financial services to underserved and unbanked populations, we can help break down barriers and promote financial inclusion for all.

FOMO Pay has officially become the member of Singapore Clearing House Association (SCHA)

FOMO Pay, a Singapore-based major payment institution, has on Monday announced its official membership in the Singapore Clearing House Association (SCHA), a prestigious organization comprising the Monetary Authority of Singapore (MAS) and elected financial institutions.

Animoca Brands and Manga Productions sign strategic partnership for Web3 industry across MENA region

Hong Kong-based gaming firm Animoca Brands, has partnered with Middle East animations, comics, and games production company Manga Productions, for Web3 industry across Middle East and North Africa (MENA) region.

EV sales collapse as subsidies and tax credits come to an abrupt halt, says Rystad Energy

The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3 percent year-on-year increase over January 2022.