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Tracxn: Southeast Asian FinTech ecosystem funding plunges 66 percent on year in first quarter
The Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday.
Airwallex reports triple-digit full year revenue growth in Singapore for 2024
Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore.
Workday appoints Jess O’Reilly as new ASEAN leader
Workday, Inc., the global artificial intelligence (AI) platform for managing people, money, and agents, has on Wednesday announced the appointment of Jess O'Reilly as the General Manager for its ASEAN business.
CelcomDigi, Ericsson team up to enhance customer experience through AI-driven autonomous network
Malaysian telecommunications firm CelcomDigi Berhad and Ericsson (Malaysia) Sdn Bhd have signed a memorandum of understanding (MoU) to collaborate on advancing autonomous network operations in Malaysia.
OneInfinity by OneDegree partners SlowMist to strengthen security, resilience of Web3 ecosystem
OneInfinity by OneDegree, the Hong Kong-based provider of digital asset insurance and risk management solutions, has announced a strategic partnership with SlowMist, the China-based blockchain security firm, to enhance Web3 security and insurance solutions for the digital asset ecosystem.
Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing
ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.
Ant Digital Technologies establishes international headquarters in Hong Kong
Ant Group's subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday.
Nourish Ingredients partners CABIO Biotech for global commercial scale of precision fermentation fats
In partnership with Chinese biotechnology company CABIO Biotech, Australian animal-free fats and precision fermentation startup Nourish Ingredients has successfully completed its first commercial production of Tastilux®, its potent meaty fat.
Malaysia’s Hoopi closes seed funding round spearheaded by Creative Gorilla Capital
Hoopi Holdings Pte Ltd, a collectibles and trading cards platform based in Indonesia, has successfully secured its maiden institutional funding round led by Creative Gorilla Capital (CGC), a Jakarta-based venture capital firm that invests in early-stage consumer-facing businesses.
