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Tookitaki’s Abhishek Chatterjee on enhancing trust and security in FinTech through RegTech driven by AI and collaboration [ORIGIN Innovation Awards Q&A]

Tookitaki’s AML compliance platform harnesses artificial intelligence (AI) to support a family of intelligent specialist compliance applications that set new standards in accuracy, speed, and resilience.

Malaysian edtech startup GuruLab raises $1M seed round to enhance its proprietary analytics platform and expand its offerings

GuruLab has closed a $1 million seed round. It intends to use the funds to enhance its proprietary analytics platform and expand its offerings within Malaysia’s education ecosystem.

Indonesian used car platform Moladin raises $42M in Series A funding led by Sequoia Capital India and Northstar Group

Moladin has raised a $42 million Series A investment round led by Sequoia Capital India and Northstar Group. The investment, which is one of Southeast Asia’s largest Series A funding rounds, will allow Moladin to solidify its position as Indonesia’s leading used car platform. The round also includes participation from East Ventures, Global Founders Capital,…

Hong Kong gaming firm Animoca Brands raises $358.89M at $5B valuation to grow the open metaverse

Animoca Brands has completed a capital raise of $358.89 million at a pre-money valuation of $5 billion. The round was led by Liberty City Ventures, with other investors including 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident,…

OnPoint’s Tran Vu Quang on how innovations are optimizing e-commerce operations and driving new opportunities for growth [ORIGIN Innovation Awards Q&A]

AI technology will also help merchants optimize their operations--reducing wastage in supply chain and increasing resilience. For example, we are able to achieve a highly accurate demand forecasting, and be able to optimise time, quantity and location to place the inventory.

Malaysian content aggregator Newswav raises $1.43M in new Series A funding led by OSK Ventures to drive content, user growth

Newswav has raised RM6 million in its latest Series A funding led by OSK Ventures International Berhad (OSKVI) to further strengthen its market-leader position and drive user penetration in key market segments. As part of its expansion plans, part of its funds will be used towards user acquisition, strengthening their leadership in the content aggregation…

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Singapore’s regulator issues guidelines to discourage cryptocurrency trading by general public

The Monetary Authority of Singapore (MAS) on Monday issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore.

Alpha JWC forecasts Indonesia will produce at least 10 more unicorns by 2025

Alpha JWC Ventures forecasts that Indonesia will produce at least 10 more unicorns by 2025. The VC firm saw four unicorns from its portfolio in 2021, with 14 companies valued between $500 million to $1 billion, buoyed by global investors’ interests and the strong performance of Indonesia’s tech sector. In the fourth quarter of last year, the VC firm also…

India’s Imagine Marketing acquires Singapore’s KaHa to boost wearable products

Imagine Marketing Private Limited announced Monday the acquisition of KaHa Pte Limited. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by…

Vietnam’s Funtap launches $10M capital fund dedicated to blockchain-focused tech startups

Funtap's unit Funverse Capital has launched its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. In addition to capital funding ticket size of up to $1 million for each qualified project, Funverse Capital offers mentorship and accelerator programs which take…