Latest news and trends about tech
Payoneer’s SVP of APAC Nagesh Devata on the infrastructure challenge behind Asia-Pacific’s e-commerce growth [Q&A]
As Asia-Pacific’s ecommerce economy becomes more regional and borderless, businesses are facing growing complexity across payments, currencies, settlement, compliance, and reconciliation. In this Q&A, Payoneer’s Nagesh Devata discusses why financial infrastructure is becoming more strategic for SMEs and how AI could reshape cross-border operations.
Singapore’s DayOne aata centers raises $4.5B in Series C to expand Asia Pacific, Europe
Singapore-based data center developer and operator DayOne Data Centers has completed the final closing of its Series C equity financing at $4.5 billion, in one of the largest fundraises by a data centre company in the region.
Singapore’s Panthera Growth Partners to invests $30M in India’s AI security firm Innefu Labs
Singapore-based growth equity firm Panthera Growth Partners will make a $30 million investment in Innefu Labs, an Indian artificial intelligence (AI) company focused on national security, positioning the firm for an IPO and accelerating its expansion into international markets.
Moomoo Singapore announces Jeyson Ng as Chief Executive Officer
Fintech firm Moomoo Singapore has on Friday announced the official appointment of Jeyson Ng as Chief Executive Officer.
IFC commits $10M Highland Central Asia Fund II to boost private equity and SME financing in Central Asia
The International Finance Corporation (IFC) is investing up to $10 million in Highland Central Asia Fund II to increase small and medium-sized enterprise (SME) funding in Uzbekistan and the Kyrgyz Republic.
AXS, NTT DATA Japan team up to streamline cross border bill payments across East and Southeast Asia
AXS Pte Ltd, a Singapore-based payment solutions provider and NTT DATA Japan, a Japan-based artificial intelligence (AI), digital business and technology services firm, have entered into a memorandum of understanding (MOU) to explore the development of secure and seamless cross‑border bill payment services.
GIC leads Supabase’s $500M Series F funding
Supabase, the global open source Postgres development platform, announced Thursday a $500 million Series F at a $10.5 billion post-money valuation.
Singapore’s K25.ai secures additional $4M strategic investment from NewGen
K25.ai, a Singapore-based artificial intelligence (AI) livestreaming and watch-to-predict prediction market platform, announced Thursday that Nasdaq-listed NewGenIVF Group Limited has committed an additional $4 million strategic investment in the firm.
Igloo partners with Chubb Life to distribute insurance solutions across Vietnam and Indonesia
Igloo, Singapore-based insurtech company, today announced Tuesday a strategic partnership with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia (Chubb Life), to distribute insurance solutions across Vietnam and Indonesia through Ignite by Igloo, its insurance sales intermediary platform and network.
Satellite-powered network Spacecoin to deploy decentralized satellite infrastructure in Vietnam’s DETI Technology, targets $100M annual revenue
Spacecoin, a decentralized physical infrastructure network (DePIN) powered by blockchain-enabled LEO nanosatellite constellation, plans to deploy decentralised satellite telecommunications, sovereign routing, blockchain, and Edge AI in Vietnam.
