Digital Transformation

Qashier announced Thursday a $4.7 million fundraise from Exor Seeds, the technology-focused venture arm of Exor. The company will be expanding its presence in Malaysia following the fundraise, as entering other parts of the Southeast Asian market is next in line as part of the company’s growth plan.

Continued shifts in consumer and merchant behaviour, matched with strong investor confidence, have ushered Southeast Asia (SEA) into its “Digital Decade” - and the region is on its way towards $1 trillion gross merchandise value (GMV) by 2030.

The announcement also comes as Malaysia aims to create more tech startups, unicorns and accelerate M towards becoming an innovation-driven economy.

To support the development of the local EV industry, the government proposes to provide import duty, excise duty and sales tax exemptions on EVs.

The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.

The digital ID will use the latest biometric technology such as fingerprints, facial or iris recognition.

AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.

TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future…

As the world becomes increasingly digital, there is an opportunity to ride on the growth of digital payments and provide secure and reliable financial services to meet the ever-changing needs of consumers here in the region. We expect to see a further acceleration in the adoption of digital payments in Southeast Asia as digital payments are no longer a…