Latest news and trends about tech

Wise integrates with Malaysia’s national payments network PayNet

Wise, the global technology company, now has direct access to Malaysiaʼs national payments infrastructure, operated by Payments Network Malaysia (PayNet).

Southeast Asia sees $2.7B in combined equity funding across 12 companies – Tracxn

Southeast Asia's 12 leading payment startups have collectively raised over $2.7 billion in equity funding till date, with the top two companies accounting for approximately 83 percent of the total capital raised, Tracxn said Wednesday.

Hong Kong’s HashKey proposes to acquire entire equity interests in Singapore’s APEX

Hong Kong digital asset financial services group HashKey Holdings Limited announced Wednesday that its wholly-owned subsidiary, HKDAG (Singapore) Pte. Ltd, has entered into a non-legally binding framework agreement with the major shareholder of Asia Pacific Exchange Pte. Ltd. (APEX) and APEX in relation to a possible acquisition of the entire equity…

FAR.AI establishes first international office in Singapore

FAR.AI, an independent nonprofit research organization dedicated to the trustworthy and secure development of advanced artificial intelligence (AI), has on Thursday announced the opening of its first international office in Singapore.

Singapore awards France’s Thales contract for AI-enabled air traffic management system, towards 2030 launch

The Civil Aviation Authority of Singapore (CAAS) has awarded France's Thales a contract to develop Singapore's next-generation air traffic management system (NexGen ATMS) and air traffic control radars, Thales said without financial details.

Singapore’s iWOW raises $12M for next phase of growth

Singapore-based iWOW Technology Limited announced Wednesday it has completed the placement of 66.67 million new ordinary shares at a placement price of S$0.225 ($0.17) per placement share raising gross proceeds of approximately S$15 million.

US tech firm Ambiq Micro expands investor reach with SGX listing

Ambiq Micro, Inc., a US technology firm in ultra-low power semiconductor solutions for edge AI, announced Thursday its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX).

Dubai’s reward platform Bundle raises $5.5M pre-seed, to expand to Singapore, Philippines, Vietnam

Dubai-based Bundle, a networked rewards platform that allows businesses to pool their marketing budgets into shared prize funds, has raised $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures.

[Discover Vietnam Tech] Vietnam tech ecosystem enters “quality first” era as investors bet on global ambition

Following a multi-year funding winter, Vietnam’s tech ecosystem is undergoing a flight to quality, driven by high talent density, disciplined unit economics, and a "Vietnam+" playbook where startups leverage local engineering talent to build for global markets. According to Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV), early-stage…

Singapore’s Temus invests in Philippines’ Thinking Machines, OpenAI’s first APAC services partner

Singapore-based AI and digital transformation company Temus, established by Temasek in 2021, has made a strategic investment in Thinking Machines Data Science, a Manila-founded AI and data company and OpenAI's first official services partner in Asia Pacific.