Vertical

Wise Platform, Wise’s infrastructure solution for banks and major enterprises, has joined forces with Agoda, a digital travel platform, to provide faster and more convenient payment options for travellers worldwide.

Singapore-based Fintech BondEvalue Pte. Ltd. (BondbloX) has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a $6 million Series B round.

Green and Smart Mobility JSC. (GSM), a ride-hailing firm founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has launched its pure electric taxi service in Vientiane, Laos, to promote green mobility in Southeast Asia.

Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s largest multi-scenario autonomous vehicle (AV) experimental laboratory known as AV XL at MRANTI Park, Malaysia.

LXA, a Singapore-based fintech startup, has on Wednesday announced the completion of its $10 million seed funding round led by New Enterprise Associates, Inc. (NEA). The round also saw participation from Openspace Ventures and EDBI.

Malaysian analyst Affin Hwang Investment Bank has foreseen challenges for Malaysia to embrace electric vehicles (EV). The research house said in a report on Wednesday that the rollout of the EV infrastructure in Malaysia and for Malaysia to become a suitable EV investment destination are still facing several challenges.

The Pinkfong Company, a South-Korea based entertainment company behind “Baby Shark,” has partnered with TinyTap, a edtech platform for user-generated educational games of Hong Kong-based gaming firm Animoca Brands, to develop early learning, entertainment in digital space.

Dat Bike, Vietnam’s domestic electric two- wheeler manufacturer, has launched its first electric scooter to accelerate green mobility adoption in the country. The Quantum, featuring a contemporary design and engineered with breakthrough technology for high performance at a competitive price point, is Dat Bike’s flagship model made for mainstream……

Singapore homegrown financial services company Singlife has on Wednesday announced Japanese insurance company Sumitomo Life Insurance Company (Sumitomo Life) has increased its investment in the company by way of a capital injection amounting to SGD 180 million ($132.64 million).

Malaysian lender Malayan Banking (Maybank) has on Wednesday announced the expansion of its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying its existing cross-border payment capabilities and enhancing the ease and efficiency of financial transactions.