Latest news and trends about tech
Digital bank GXS offers saving accounts in Singapore with maximum deposit amount of $57,000
Singaporean digital bank GXS Bank (GXS) which is backed by superapp Grab Holdings Ltd and communications technology group Singtel, has announced that it has opened up the GXS Savings Account to all eligible individuals in Singapore as the bank ramps up in its next phase of growth.
US-based Ares Management acquires Singapore-based private equity firm Crescent Point Capital
United States investor Ares Management Corporation (Ares) announced Monday that it has entered into a definitive agreement to acquire 100 percent of Crescent Point Capital (CPC), a Singapore-based private equity firm.
Sprout Solutions expands artificial intelligence capabilities via Aiah AI acquisition
Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of Aiah AI, an artificial intelligence (AI) company with offices based in the Philippines and Singapore.
Sime Darby, AEI Capital become limited partners in Vynn Capital’s $30M fund
Vynn Capital, a Malaysia-based venture capital firm specializing in early-stage investments, has on Wednesday announced the participation of Malaysian conglomerate Sime Darby Berhad and Hong Kong-based investment firm AEI Capital as limited partners in its second Venture Capital (VC) fund.
Explaining fintech’s role in the Philippine economy’s resilient growth
With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital lending services—both from licensed online banks and services offering #BNPL, lines of credit, and other advanced financial products—is a key example, as they are able to handle the…
Malaysian clean energy firm Solarvest embarks strategic initiatives to expand into Singapore and Brunei
Malaysian clean energy expert Solarvest Holdings Berhad is embarking on strategic initiatives to expand its geographical reach into the Singapore and Brunei markets to capitalize on the growing demand for sustainable energy solutions.
Hong Kong’s Rice Robotics raises $7M Pre-A funding to expand footprint in Japan
Rice Robotics, a Hong Kong-based workforce automation start-up, has successfully secured $7 million in pre Series A funding. A portion of the funding has been allocated to establish a production plant in Hong Kong. The company also aims to bolster its manufacturing and supply chain capabilities and position itself for expansion into the promising Japanese…
Hailstone Labs invests in InsurTech firm OneDegree to facilitate digital asset legalization
Hailstone Labs, a Hong Kong based Web3 venture studio, has announced a strategic investment in OneDegree Group, a InsurTech company with business across Asia. The collaboration aims to establish standards, facilitate blockchain technological advancements and development talents in the Web 3.0 sector.
Carousell partners Carzuno to launch Carousell Car Subscription in Singapore
Riding on the newly-launched Carousell Certified program for cars, multi-category classifieds and recommerce marketplace Carousell is partnering car-as-a-subscription company Carzuno to launch the Carousell Car Subscription in Singapore, providing further convenience for users.
