Latest news and trends about tech

Singapore’s EdTech platform Geniebook achieves profitability; expands with acquisitions

Singapore-based EdTech firm Geniebook has achieved three straight quarters of profitability and expands its hybrid strategy with two major acquisitions.

Google Cloud appoints Jennifer Ligones as Country Manager for the Philippines

Google Cloud announced Thursday the appointment of Jennifer Ligones as Country Manager of the firm’s business in the Philippines.

Malaysia’s Paydibs onboarded as direct third-party acquirer for FPX by PayNet

Paydibs, a payment solutions provider in Malaysia, has announced its official onboarding by Payments Network Malaysia Sdn Bhd (PayNet) as a Third-Party Acquirer (TPA) for the Financial Process Exchange (FPX).

Pencil Finance issues first-ever on-chain capital for student loans

Pencil Finance, the student loan real-world-asset (RWA) protocol on EDU Chain that is co-incubated by Animoca Brands and HackQuest, announced Thursday the successful issuance of student loan capital raised entirely on-chain via the Pencil Finance platform.

Malaysia’s MEASAT secures IN-SPACe authorization for satellite services in India

MEASAT Global Berhad (MEASAT), a Malaysia-based spacetech solutions provider, has secured the Indian National Space Promotion and Authorization Center’s (IN-SPACe) authorization to offer its satellite services in India through NewSpace India Limited (NSIL).

ShopBack secures MPI license from MAS for digital payments

ShopBack, a Singapore-based shopping, rewards, and payments platform, announced Tuesday that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) for digital payments.

Japan’s SMFG appoints Mazhari as groupwide AI transformation advisor; jointly launch Agentic AI venture in Singapore

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.

Singapore fintech firm Finmo secures UK EMI license, expands global footprint

Singapore-based fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorized Electronic Money Institution (EMI).

Temasek’s net portfolio value grows to record high of $339B

Singapore's state-owned fund Temasek announced Wednesday that it has reported a net portfolio value (NPV) of S$434 billion ($339 billion) for the financial year ended 31 March 2025, up S$45 billion ($35.13 billion) from a year ago.

Thailand’s Sunday partners Salesforce to scale proprietary AI-powered personalized insurance

Sunday, an InsurTech based in Thailand, is working with Salesforce, the global artificial intelligence (AI) customer relationship management (CRM) firm, to centralize operations, personalize engagement for over 330,000 customers, and scale their business using solutions including Sales Cloud, Service Cloud, Tableau and Slack.