Latest news and trends about tech
Thunes partners Hyperwallet to expand payout access for merchants across Asia-Pacific
Singapore-based fintech firm Thunes has welcomed Hyperwallet, a PayPal service for global payouts, as a member of Thunes’ Direct Global Network.
Vietnam-based ABBANK invests in Backbase to launch digital banking platform
Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.
Mitsubishi Electric, AWS ink strategic collaboration in digital domain
Mitsubishi Electric Corporation announced on Tuesday that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate and innovate within Mitsubishi Electric’s data center and cloud services businesses.
Singapore’s W Capital Markets raises Series B round at post-money valuation of $31M
W Capital Markets, a Singapore-based corporate finance firm, has raised a Series B round at post-money valuation of S$42 million ($31 million).
Temasek-founded GenZero leads in BeZero Carbon’s $32M Series C funding round
Global carbon ratings agency BeZero Carbon has on Thursday announced a $32 million Series C investment round led by Temasek-founded GenZero, a decarbonization-focused global investment firm headquartered in Singapore, to enable carbon markets through ratings.
NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia
Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.
Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions
Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).
Vertex Ventures Southeast Asia & India to focus on maintaining discipline on valuations, working closely with founders in 2025
We talked to Chua Joo Hock, Managing Partner at Vertex Ventures Southeast Asia & India, to learn more about the Singapore-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.
Securities Commission Malaysia ready to collaborate with government on digital finance policy
The Securities Commission Malaysia (SC) has welcomed Malaysian Prime Minister Anwar Ibrahim’s announcement, mentioned during his official visit to Abu Dhabi, to explore a digital finance policy that recognizes cryptocurrency and blockchain technology.
Singapore, Thailand authorities move to block crypto betting site Polymarket – report
Users on social media reported losing access to the site over the weekend.
