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Ant-backed e-wallet Touch ‘n Go launches digital personal loan facility

Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma's Ant Group Co, announced Friday the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in…

Binance to be the official cryptocurrency exchange partner of the 64th Annual GRAMMY Awards

Binance, the global blockchain company behind the world's largest cryptocurrency exchange, announced Thursday it has signed a partnership agreement with the Recording Academy to become the first-ever official cryptocurrency exchange partner for the 64th Annual GRAMMY Awards and GRAMMY Week events, including the inaugural Recording Academy Honors…

Australia’s FinTech unicorn Airwallex launches payment services in Malaysia

Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex's fast, transparent and cost-effective…

Singapore’s Carzuno launches car subscription services in Thailand

Carzuno, a Singapore-based all-inclusive subscription platform for cars, announced Thursday that it has launched its operations across Thailand. The company has hired Wisate Kirin (ex-Carro, Toyota, Michelin) and Cathrin Samijtwong (ex-Servcorp, HappyFresh) to spearhead the car subscription operations in Thailand and enhance Carzuno's service ofering by…

Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report

The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations for a US debut stalled.

Microsoft for Startups Founders Hub platform launches in Asia to provide support to entrepreneurs and early-stage startups

Microsoft for Startups Founders Hub is designed specifically for early-stage startups to lower the barriers of business creation, be a catalyst for entrepreneurship and innovation, and contribute to easing the journey from an idea to a unicorn. It is available to all startups in Asia, including those without third-party backing, as part of Microsoft’s…

US and Japan-based gumi Cryptos Capital raises $110M early-stage fund to invest in blockchain startups

Gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm based in United States and Japan, announced Wednesday the completion of raising $110 million for its second blockchain-focused early-stage fund. The fund will target exceptional developers, projects, DAOs, guilds, apps, games, and protocols at any layer at the earliest stage and is…

Malaysia’s Hatten Land signs agreement with new partner for crypto mining activities

Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and support services agreement with a new business partner, where up to 550 crypto mining rigs can be added to the group's crypto mining activites and deployed across its crypto mining…

Debunking 5 myths about digitalizing Indonesia’s logistics with Ritase CTO David Samuel

Indonesian logistics in the next five years can only get more interesting as the key principle driving us into the future is efficiency; How to be more efficient? How to be more productive? How to reduce human error? How to save more time and money? And importantly, how can we reduce our carbon footprint?

Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region

Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.