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FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN
Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).
Malaysian Government drafting strategic framework to develop EV charging infrastructure – report
The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…
Malaysia’s Sunview partners Huawei for renewable energy
Sunview Group Berhad, a Malaysia-based renewable energy player has on Friday announced that it has inked deal with Huawei Technologies (Malaysia) Sdn. Bhd. (Huawei Malaysia) for strategic partnership in renewable energy.
DBS to apply for crypto licence in Hong Kong – report
When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.
Vietnam’s Aura Network raises $4M Pre-Series A funding led by Hashed and Coin98
Vietnamese non-fungible token (NFT) platform Aura Network has closed the fundraising round of $4 million, with Hashed and Coin98 Ventures co-leading the round. Following the strategic advisory partnership announcement with Republic Crypto, this is the next committed milestone ahead of its Mainnet launch in the first quarter of 2023.
PPRO extends global cross-border payments infrastructure into South Korea
United Kingdom-based FinTech firm PPRO has extended its infrastructure to the South Korean market through integrating South Korean local cards and Toss Pay, one of the most popular e-wallets in South Korea onto its platform.
Australia’s Airwallex strengthens global leadership team in Singapore
Australian FinTech firm Airwallex has on Thursday announced senior appointments to its global leadership team as the global payments and financial platform focuses on its expansion into 2023.
Malaysia’s Solarvest launches start-up program to encourage innovations in greentech, FinTech and renewable energy
Malaysian clean energy expert Solarvest Holdings Berhad has on Wednesday launched Solarvest Innovation Lab 2023 (SIL 2023), to encourage innovations in green technology (greentech), financial technology (FinTech) and renewable energy.
India’s PhonePe raises $100M additional funding at $12 billion valuation
PhonePe, one of India’s largest fintech platforms, has on Tuesday announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion.
Vietnamese FinTech startup GIMO hits first close of Series A at $5.1M
Vietnam’s fintech start-up GIMO has on Tuesday announced the first close of its Series A funding with a $5.1 million investment led by TNB Aura. Other investment firms joining the round are returning investors including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator.
