Latest news and trends about tech

Australia’s Happenco closes $12M fund, backing earliest stages founders

Australian venture investment and advisory firm Happenco has on Thursday announced the close of its first fund, raising $12m to empower earliest-stage startups to build bold companies. The fund is led by Ben Cheyne, (ex. Deloitte Ventures), Gideon Gut-Silverman (ex. McKinsey, Google), and Omar Varts (ex. Deus Ex Machina), who bring a breadth of knowledge…

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Leading the Asia Pacific fintech revolution with low-code

As the #fintech space in #APAC grows saturated and user choices widen, customer loyalty and trust are paramount. This means that organizations need to get creative with their product strategies and find the most efficient ways to enhance every touchpoint on the consumer journey. High-performance low-code is the gas pedal that enables companies to do so…

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Japan is finally pivoting from paper ledgers to fintech

The #Japan #fintech market is also entering a turning point, from closed to open, from homogenous to diversified. And while this market is still in the early stages with both founders and consumers still figuring out how this change will subvert decades-old habits, the biggest opportunities are often born out of the initial chaos. The first to snatch the…

Grab-backed GXBank officially open to Malaysians

Grab-backed digital bank GX Bank Berhad (GXBank) has officially opened its app to millions of Malaysians. Looking ahead, GXBank will progressively be rolling out additional features which will also include their debit card – GX card and how its various features will benefit Malaysians, GXBank said in a statement on Thursday.

Singapore’s Fr8Labs secures $1.5M seed funding for market expansion

Fr8Labs, a Singapore and Indonesia-based artificial intelligence (AI)-enabled freight logistics technology startup, has announced the successful completion of its seed funding round, raising $1.5 million. The funding is coming from East Ventures, FEBE Ventures, Kaya Founders, Mulia Sky Capital, Seedstars, Venturra, and various angel investors.

Singapore’s Mystifly joins forces with Google Cloud to elevate traveller experience

Mystifly, a Singapore-based travel technology provider, has on Wednesday announced that it is joining forces with Google Cloud to drive growth and innovation in the travel technology sector. The collaboration will enable both the organizations to tackle emerging industry challenges in airline distribution and infrastructure.

Malaysia’s Cradle Fund appoints Norman Matthieu Vanhaecke as Group CEO

The Board of Cradle Fund Sdn Bhd (Cradle), Malaysia’s focal point agency for Malaysian startup ecosystem under the Ministry of Science, Technology and Innovation (MOSTI), has announced the appointment of Norman Matthieu Vanhaecke as the Group Chief Executive Officer (GCEO), effective November 23, 2023.

COMEUP 2023 concludes with a grand finale, attracts 66,000 participants from 35 countries

Representatives from 35 countries, including Saudi Arabia, UAE, the United States, France, Austria, Hong Kong, Senegal, and Cambodia, engaged in COMEUP 2023. The festival served as a dynamic platform for startups, investors, government agencies, and global corporations, fostering international collaboration.

Funding Societies partners Halal Development Corporation to enhance financing access to halal SMEs

Singapore-based digital finance platform Funding Societies has partnered with a Halal Development Corporation Berhad (HDC), a Malaysian federal government agency under the Ministry of International Trade and Industry (MITI), to enhance financing access to halal small and medium-sized enterprise (SMEs).