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The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.

Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i) assessment framework to empower micro, small and medium enterprises (MSMEs) in Malaysia with sustainable practices.

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green mobility adoption in Malaysia.

Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept the stablecoin as a payment method, and to facilitate cross-border payments using the stablecoin.

Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside contributions from existing shareholder Temasek.

The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume dropped 24 percent in the same period, Bain & Company said Thursday.

Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic collaboration aimed at transforming the airline inflight experience, from ordering to paying for goods and services.

Thailand-based investment firm Disrupt Technology Venture (Disrupt) has announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners from leading Thai business companies.

These trends, catalyzed by advancements in #AI, and continued growth of #DeFi services signal a fundamental shift in market accessibility and global liquidity. #Blockchain startups that focus on #RWA bridge the gap between traditional finance and opportunities with blockchain-powered markets.

United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.