Latest news and trends about tech
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
The SEA mirage: Why Southeast Asia isn’t India 5 years ago
SEA isn’t India’s twin. It’s the fun, chaotic cousin at the wedding - same bloodline, different stories. If you’re a VC or founder trying to paste an SEA thesis into Indian terrain (or vice versa), be ready for the plot twist.
Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth
Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.
Singapore’s Respiree closes $11.6M Series A financing round led by We Venture Capital and ClavystBio
Respiree, a Singapore-based health tech company with artificial intelligence (AI) platforms, has announced the successful closing of a $11.6 million Series A financing round led by We Venture Capital and ClavystBio.
IFC invests $19.2M in Vietnam ETC operator VETC
The International Finance Corporation (IFC), a member of the World Bank Group, has invested $19.2 million in Vietnam electronic toll collection (ETC) operator VETC Joint Stock Company (VETC).
Alpha JWC Ventures unveils SEA’s whistleblowing platform for startups
To spearhead and lead the charge for stronger corporate governance in the startup ecosystem, Indonesia-based venture capital firm Alpha JWC Ventures has officially launched SpeakUp, a whistleblowing platform created to protect and build the integrity of the companies, employees, investors, and communities it serves.
Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year
Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.
Malaysia’s Ryt Bank selects Provenir for AI risk decisioning
Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.
Grab PH partners PDAX, Triple-A to add cryptocurrencies on GrabPay wallets
Grab has partnered with payments provider Triple-A and digital asset exchange PDAX, to enable Grab users in the Philippines to top up their GrabPay wallets using cryptocurrencies.
Singapore’s HeyMax acquires krip to accelerate regional expansion
HeyMax, a loyalty and travel rewards platform based in Singapore, announced Wednesday that it has acquired krip, a Hong Kong-based fintech firm with integrated credit card benefits platform, to accelerate regional expansion.
