Latest news and trends about tech

Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia. Establishing the COE is part of GXBank’s MYR 1.5 billion (314 million U.S. dollars) investment into Malaysia over the next five years.

Plane, an India-based open-source project management platform, has on Wednesday announced it has secured $4 million in a Seed round funding from OSS Capital. This investment will fuel the company’s community growth and compete in the coveted enterprise segment.

Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.

Vietnam-based information technology (IT) firm FPT will invest $ 200 million in building an artificial intelligence (AI) factory that will serve as a sovereign cloud in Vietnam via a partnership with United States-based technology firm NVIDIA.

Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.

Vietnamese carmaker VinFast Auto has on Tuesday announced it has officially signed agreements with 12 new dealers in the United States (US).

Tencent-backed fintech firm Primer, has on Wednesday announced its strategic partnership with Banxa, a crypto infrastructure provider based in Australia, to boost crypto adoption via payments.

Zetrix Foundation and MY E.G. Services Berhad (MYEG) have signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.

Gojek Singapore and ComfortDelGro Taxi, Singapore’s largest taxi operator, have on Tuesday announced the official launch of their cross-dispatch model partnership.