Latest news and trends about tech
Singapore’s MetaComp raises $22M Pre-A to scale stablecoin hybrid payment network for cross-border payments
MetaComp Pte. Ltd., a Singapore-based licensed stablecoin cross-border payments and treasury management service provider, announced Monday it has raised $22 million in its Pre-A funding round.
Granite Asia secures over $350M first close led by Temasek, Khazanah, and Indonesia Investment Authority
Singapore-based investment firm Granite Asia has completed the first close of its Pan-Asia private credit strategy, Libra Hybrid, securing over $350 million.
Shopee accelerates local SME growth with $39 million investment
Shopee, the e-commerce platform in Southeast Asia, Taiwan, and Brazil, announced Tuesday a S$50 million ($38.52 million) investment over the next year to accelerate the growth of Singapore’s small and medium enterprises (SMEs) as the platform marks its 10th anniversary.
ACSR sets out approach for non-compliance to sustainability reporting requirements
The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), announced Monday its approach to addressing non-compliance with regulatory sustainability reporting requirements developed in alignment with the National Sustainability Reporting Framework (NSRF).
Audax partners with 10x Banking to accelerate digital banking modernization across APAC, Europe, and the Middle East
Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.
Bolt records 40 percent quarter on quarter growth in first year of operations in Malaysia
One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.
Digital Realty announces access to Oracle cloud infrastructure in Singapore via FastConnect
Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions and an Oracle Partner, announced Monday it will offer connectivity to an Oracle Cloud Infrastructure (OCI) FastConnect point-of-presence (PoP) within the Oracle Cloud Singapore West Region.
Alibaba Cloud and MDEC launch SME Digitalization Program to boost Malaysia’s Next-Gen businesses
Alibaba Cloud, the digital technology firm of Alibaba Group, has in partnership with the Malaysia Digital Economy Corporation (MDEC), announced the launch of the SME Digitalization Program — an initiative designed to accelerate the digital transformation journey of Malaysia’s small and medium enterprises (SMEs) and small and medium-sized businesses……
Creador acquires 7 percent stake in India’s La Renon Healthcare
Malaysia-based private equity firm Creador announced Monday its investment into La Renon Healthcare by acquiring a 7 percent stake from the promoter and existing investor Peak XV Partners (formerly Sequoia India).
Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters
Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
