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US’s Strike partners Pouch.ph to expand lightning-fast money transfers to the Philippines
Strike, the United States-based digital payments platform built on Bitcoin’s Lightning Network, has on Tuesday announced the expansion of its “Send Globally” product to the Philippines. The firm has partnered with Pouch.ph in the Philippines, enabling transfers from U.S. dollars that are received as Philippine pesos in a recipient's bank or mobile money…
Indonesian cybersecurity firm Peris.ai secures funding led by East Ventures
Peris.ai, an Indonesian-based cybersecurity as a service startup, has on Wednesday announced the new funding led by East Ventures, a sector-agnostic venture capital firm in Indonesia. Magic Fund also participated in this funding.
Ayoconnect partners Mastercard to build innovative solutions in bank-account based payments and open finance in Indonesia
Ayoconnect, an Indonesia-based open finance API platform, has on Tuesday announced a strategic partnership with Mastercard to modernize bank account-based payments and co-create open finance solutions in Indonesia.
Malaysia’s Wellous appoints Lee Koon Tan as group president
Wellous Group Limited, a Malaysia-based international nutrition company, has on Tuesday announced key leadership appointments to help further the company’s global expansion and prepare for transitioning to life as a public company. The firm has appointed Lee Koon Tan as the group's president. It has also announced the appointment of Jorrine Ang as chief…
Indonesia’s EdenFarm raises $13.5M funding led by TMI, AppWorks, AC Ventures
EdenFarm, a food service-focused startup based in Indonesia, has secured $13.5 million in its latest Pre-Series B bridge round led by Telkomsel venture arm Telkomsel Mitra Inovasi (TMI), AppWorks, and AC Ventures. The round was also supported by Decart Ventures, Fubon Capital, Trihill Capital, OCBC NISP Ventura, Nakhla and Capria Ventures.
CMC Markets gets approval to launch investment platform in Singapore
United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte. Ltd. (CSMI), has received a regulatory in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services licence (CMSL) to offer online and mobile…
China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report
JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.
Thai insurtech startup Eazy Digital raises $850,000 in oversubscribed seed round
Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.
Shopee’s parent firm Sea to increase investment in Malaysia
Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.
