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Bitcoin and beyond: How cutting-edge tools are simplifying Web3 development
As the Web3 ecosystem continues to expand, the demand for tools that simplify blockchain development will only increase, making it easier for developers to create and deploy cross-chain applications. These tools not only reduce the complexity of working with different #blockchain networks but also unlock new market opportunities for startups and developers,…
Malaysia’s Maybank invests in Funding Societies
Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.
Fintechs have a role in narrowing Asia’s financial inclusion gap
Governments across Asia are fast-tracking reforms and initiatives to bridge the quarter of Asia’s population that remains outside the formal financial system, but it needs fintechs to help narrow the gap.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,
Singapore’s SDAX closes $50M Series B2 funding round
SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (MPMR).
MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation
MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies.
GIC-backed payment firm Nium pushes back IPO plans – report
Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing revenue, Bloomberg reported.
