Vertical

Singapore’s 1982 Ventures leads funding in AI ITFM firm YäRKEN

YäRKEN, an artificial intelligence (AI) native information technology (IT) financial management (ITFM) platform for enterprise clients, has announced a fundraising round led by 1982 Ventures.

PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia

Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).

Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia

Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).

Indonesia’s DailyCo acquires B2B catering and canteen management services firm Waku

DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.

Singapore’s Nuevocor raises $45M Series B for Novel Cardiomyopathy therapy development

Nuevocor, a Singapore-headquartered IND-stage biotechnology company developing cures for cardiomyopathies driven by aberrant mechanobiology, has announced the successful completion of $45 million Series B financing.

VinFast officially launches VF 6 in Indonesia

Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official launch of the VF 6, a mid-size electric vehicle, in Indonesia.

SC seeks public feedback on proposed framework on tokenization of capital market products in Malaysia

The Securities Commission Malaysia (SC) has on Tuesday published a consultation paper to seek public feedback on a proposed framework for tokenized capital market products.

Lightstorm completes integration of RTI Cables’ assets to strengthen data center connectivity in Asia, Australia, US

Lightstorm, a provider of digital network infrastructure connectivity solutions headquartered in Singapore, has announced the successful integration of the assets acquired from RTI Cables, further enhancing its global subsea and terrestrial network.

Vietnam’s IT firm FPT acquires German’s David Lamm Consulting

Vietnam-based information technology (IT) firm FPT Software announced Monday the full acquisition of David Lamm Consulting, a German IT consulting company highly experienced in the energy sector.

Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024

About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.