Latest news and trends about tech
Tencent Financial Technology launches new global brand for cross-border payment business
Tencent Financial Technology, Tencent’s fintech arm, has on Wednesday introduced Tenpay Global, a new international brand for its cross-border payment business. The firm is also unveiling new inbound remittance capabilities to Weixin to facilitate easy money transfers to China.
US digital infrastructure firm Equinix enters Malaysia with $40M data center investment
Equinix, Inc., the United States-based digital infrastructure company, announced Wednesday its market entry into Malaysia with plans to build a new International Business Exchange TM (IBX) data center located in Johor, called JH1. With an initial investment of approximately $40 million, JH1 is scheduled to begin operations in the first quarter of 2024.
Binance enters Japan after acquiring Sakura Exchange BitCoin
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced Wednesday it has acquired 100 percent of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency (JFSA) regulated……
Gogoro partners Globe’s 917Ventures, Ayala Corporation to bring battery swapping and smartscooters to the Philippines
Gogoro Inc., a Taiwan-based technology firm in battery swapping ecosystems, has on Tuesday announced a strategic partnership in the Philippines with Globe's 917Ventures and Ayala Corporation. The companies will be launching a two-wheel battery swapping pilot in Manila using Gogoro's industry leading battery swapping and Smartscooters.
Singapore’s Iterative closes $55M Fund II to back 100+ more companies
Iterative, a Singapore-based early-stage venture capital firm that also runs a YC-style accelerator, said Wednesday it has closed its second fund at $55 million to invest in startups across Southeast Asia.
Funding Societies crosses $27.8M in loan disbursements to SMEs in Thailand
Funding Societies | Modalku, the Singapore-based small and medium enterprise (SME) digital financing platform, has on Wednesday announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date 2022.
Y Combinator-backed workplace startup Deskimo expands to Dubai
Y Combinator-backed Singapore workplace startup Deskimo, has expanded its services to Dubai, with plans to add Abu Dhabi and other cities in the region in the near future. The firm has built a network of independent workspaces across Dubai and makes them accessible via a mobile app.
Income’s Max Tiong on innovating insurance through a customer-centric and data-driven approach [ORIGIN Innovation Awards Q&A]
At Income, our lifestyle-centric and data-driven approach to insurance and financial planning puts us at the forefront of innovative solutions that empower better financial well-being for all, including the underserved.
Plant-based leather startup PEEL Lab aims to replace 1% of existing leather market by 2030, says Co-Founder [ORIGIN Innovation Awards Q&A]
A winner of the ORIGIN Innovation Awards 2022: Startup Leader of the Year — Startup Trailblazers award, PEEL Lab Co-Founder Jim Huang noted that millennials and GEN-Z are looking for eco-friendly products and brands. The startup hopes to make its leather affordable and accessible to everyone.
