Vertical
Guschcloud International launches celebrity NFT collection in partnership with Robin8 and ToKAU Japan
Gushcloud International has announced that it has teamed up with AI-powered influencer platform Robin8, as well as global NFT platform ToKAU Japan to create NFT collectibles, in an effort to bring celebrities and influencers closer to their fans.
Malaysia’s Axiata eyes 66% stake in Indonesia’s Link Net
The group and its 66.48 percent subsidiary, PT XL Axiata Tbk, has entered a non-binding term sheet with Asia Link Dewa Pte Ltd and PT First Media Tbk to facilitate discussions and negotiations for a potential acquisition of 1.82 billion shares or 66.03 percent stake in Link Net.
SME lending FinTech Validus reports breaching the billion-dollar (SGD) lending mark
The platform connects growing SMEs to accredited and institutional investors for fast, secure, collateral-free financing. Its differentiator lies in its strong origination channels, which involve partnership-led strategy and bank channels. It counts large corporations and government-linked companies such as ST Engineering, YTL PowerSeraya, and Siemens as…
Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms
Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.
FinTech democratizes access to investments as capital shifts toward private markets, says Oi Yee Choo of ADDX [Q&A]
The shift toward private capital is driving innovation in many ways – in technology, in business processes, and in the way the markets are regulated. The rise of platforms like ADDX that expand access to private investments such as VC funds, pre-IPO equity, hedge funds, wholesale bonds, and private real estate, is an example of that innovation.
Animoca Brands acquires indie game developer Blowfish Studios
The current management of Blowfish will continue to operate the company after the acquisition.
Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures
The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.
Consumers are spending with overseas retailers more now than ever
2020 was the year of the pandemic, and undoubtedly, the year of e-commerce. With the mobility restrictions, people were spending more time at home and turning to the Internet to meet more of their daily needs. The result of this massive digital adoption was the exponential growth of the Southeast Asia e-commerce market.
Airwallex founders launch new venture capital fund Capital 49, aims to raise $200M
Capital 49 will look for opportunities to invest in companies within Airwallex’s ecosystem, across a number of industries including e-commerce, SaaS, digital and technology, business services and enablers, and FinTech.
